Home / Business / Business Highlights Tools: Save | Print | E-mail | Most Read | Comment
Food Price Spike Likely to Push June CPI over 4%
Adjust font size:

China's consumer price index (CPI) in June may have exceeded 4 percent from a year earlier due to higher food prices, domestic securities analysts told China Business News, expecting more tightening monetary policies to come out.


A 4 percent year-on-year level is already passing an alarm line the government would withstand, said Shenyin Wanguo Securities analyst Li Huiyong, urging the government to readjust the low real interest rate.


Li expected another interest rate hike in the third quarter of this year to curb excessive investment.


For more details, please read the full story in Chinese (http://www.china-cbn.com/s/n/000002/20070710/000000072534.shtml).


(China.org.cn July 10, 2007)


Tools: Save | Print | E-mail | Most Read

Username   Password   Anonymous
Related Stories

July 18 Beijing
International Copyright Forum
July 19 Shanghai
Shanghai Finance Forum
Sept. 6 – 8 Dalian
Summer Davos Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback
Copyright © China.org.cn. All Rights Reserved     E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP证 040089号