日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

Inflation may hold close to two-year high

(Bloomberg)
Updated: 2007-02-12 09:14

China's inflation probably held close to an almost two-year high on food prices, increasing the likelihood of the central bank raising interest rates.

Consumer prices rose 2.6 percent in January from a year earlier, according to the median estimate of 22 economists surveyed by Bloomberg News. That would be down from 2.8 percent in December, the biggest increase since February 2005. The statistics bureau will release the figures at 10 a.m. on Feb. 14.

"The probability of an interest rate raise in the coming few months has increased and a second rate hike is also possible this year," said Ma Jun, chief China economist at Deutsche Bank AG in Hong Kong. Besides accelerating inflation, he cited concerns over a potential stock market bubble and a rebound in investment.

China is trying to prevent the overheating of the world's fourth-biggest economy, which last year expanded 10.7 percent, the fastest pace since 1995. An export boom drove a US$177.5 billion trade surplus that is pumping cash into the financial system.

Economists surveyed by Bloomberg News last month expect the central bank to raise interest rates and curb bank lending in the first half. The one-year benchmark lending rate is 6.12 percent.

Central bank Governor Zhou Xiaochuan is seeking inflation of less than 3 percent this year. Food accounts for a third of the consumer price index.

Grain Prices

Corn futures on the Dalian Commodity Exchange jumped 25 percent in 2006 as soaring demand swallowed a record harvest. The world's most populous nation may struggle to meet its grain needs as farmland shrinks amid rapid urbanization, the Ministry of Agriculture said Jan. 26.

"Unless the government has massive food stockpiles to dump on the market that we are not aware of, we may see prices soar even higher in the months ahead," said Carl Weinberg, chief economist at High Frequency Economics Ltd. in New York.

The inflation figures will be affected by the timing of China's Lunar New Year holiday which fell partly in January last year. Chinese people buy extra food for holiday feasts.

M2, the broadest measure of money supply which includes cash and all deposits, probably grew 16.5 percent in January from a year earlier, the Bloomberg News survey showed. The central bank will release the figures as early as Monday.

Producer prices likely rose 3 percent in January from a year earlier, the survey showed. The statistics bureau will release the figures tomorrow.
12  


Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 一级黄色片网站 | 欧美激情国产精品免费 | 视频一区二区在线观看 | 青娱乐精品| 香蕉超碰| 国产第一页浮力 | 日韩二区在线观看 | 日韩精品中文字幕在线播放 | 国产黄色一级大片 | 欧美成人激情在线 | 五月婷婷爱爱 | 老鸭窝毛片 | 久久免费国产 | 色婷婷在线播放 | 黄色a级片网站 | aa黄色大片 | 污到下面流水 | 国产免费看黄 | a视频在线播放 | 伊人影院中文字幕 | 久久伊人爱 | 国产精品久久久久久久久动漫 | 网爆门在线 | 五月天婷婷丁香网 | 在线a网| 色婷婷狠狠干 | 精品国产一区二区三区在线观看 | 日韩经典一区 | 中文字幕第4页 | 欧美一区二区三区不卡 | 日本美女一区二区 | 四虎影视av | 女性裸体不遮胸平台 | 成人国产片女人爽到高潮 | 久久av在线| 在线看黄色片 | 中文字幕第4页 | 亚洲精品久久久久国产 | 亚洲视频免费观看 | 男女嘿咻嘿咻视频 | 天天射夜夜 |