CPI increase unlikely to exceed 3.5% in 2010.

By bne IntelliNews January 14, 2011

China's consumer price index (CPI) increase is unlikely to surpass 3.5% in 2010. As reported by Dow Jones International News, the National Bureau of Statistics' chief economist stated that the inflation rate is not expected to slow hastily in 2011. He further added that an inflation rate of 3%-5% for the country is regular as long as gross domestic product is growing around 10%. The country's inflation was recorded at 5.1% in November 2010, but Yao said the inflation rate was below average, as the average annual CPI rise over more than 30 years was 5.6%.

CPI increase unlikely to exceed 3.5% in 2010.

Read in IntelliNews Pro

Get IntelliNews Pro

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335

Dismiss