Economy

NDRC: Inflation to moderate after October

(Agencies)
Updated: 2010-07-16 17:10

Inflation in China will start to moderate after October and the consumer price index is likely to fluctuate around 3 percent in the second half of the year, the National Development and Reform Commission (NDRC) said.

Related readings:  Consumer inflation up slightly in H1  China's CPI rises 2.6% in H1  Inflation pressure waning fast in China  CPI target well within reach, say economists

Imported inflation is easing and Chinese people's inflationary expectations have eased notably, the planning commission said in a statement on its website today.