From Chinese media
May CPI prospect heralds another rates hike
Updated: 2011-06-01 13:49
By Ben Yue (chinadaily.com.cn)
Analysts believe China's inflation in May may reach 5.4 percent growth due to the increasing price of food, China Securities Journal reported on Wednesday. Some also predict a hike in interest rates in June.
|
Fan Jianping, director of the State Information Center's economic forecasting department, said the highest CPI figure of 2011 may show up during the second quarter. He said he expects it will decrease in the second half of the year.
Experts said China's central bank may raise interest rates again in June to curb the high inflation,according to the newspaper.
E-paper
Tapping into the future
Foreign companies are investing in China's water industry as many predict a growing profit margin.
Headhunters ride on growth
Commercial property rides wave
Learning from the past
Specials
Cuisine central
London's Chinatown is helping diners appreciate full palate of Chinese food
Tying the knot
Danish couple's high-end macrame export business takes off in the mountains of Yunnan.
Truly a super woman
Li Yuchun first came to prominence in 2005 as the Super Girl winner, and since then has become an international star.