Agency predicts April CPI rise to record high this year

The April macroeconomic data will be announced next week, a number of institutions predict that the April inflationary pressure will continue to increase, CPI rose between 2.6% to 2.8%, probably more than February 2.7% of the rise reached a new year. PPI will continue to rise in April, with rising inflation expectations for the population.　　In addition, April fixed asset investment, industrial growth rate will continue to run high.　　Dongxiangan, Chief macro analyst at Xingye Securities, expects the CPI to rise to 2.8% in April, and Li Huiyong, chief economist at Societe Generale Capital Operations Center and Wanguo Securities Institute, predicts April CPI rose 2.6% per cent year-on-year. For PPI, Shanghai Securities macroeconomic chief analyst Hu Yuaxiao that the current liquidity adequacy has raised the upstream bulk raw materials and power prices, is entering the general price level to promote the general rise in the transition phase, mainly in the PPI significantly exceeded the CPI rise, leading to higher expectations of inflation.　　Hu Yuaxiao forecast April PPI rose 6.2% per cent year-on-year. Dongxiangan also believes that the April PPI will rise, expected to be slightly higher than last month, as a result of the continued rise in domestic production prices in March and the impact of rising international commodity prices.　　Li Huiyong that the April PPI growth would be 6.4% per cent year-on-year.　　At the same time, industry experts on the April investment in fixed assets, industrial growth rate continued to maintain optimistic estimates, investment growth is expected to continue to run at high levels. The CICC report argues that investment growth, albeit lower than last year, is still at a high level, especially as private sector investment accelerates and that investment is expected to remain strong for some time to come.　　Dong-An is expected to increase the value of industrial growth of more than 19% year-on-year, urban fixed asset investment growth of 26.5% year-on-year. In addition, experts expect the March trade deficit to be reversed in the two quarter. The CICC report argues that exports will stabilize further, private consumption and investment will accelerate, and that the improvement in net exports contributes to a more balanced economic growth structure, while stabilizing the global demand outlook will boost China's export sector.　　Everbright Securities chief economist Pan Xiangdong is expected to return to the trade surplus in April. For future policy adjustments, Li Huiyong that the April macroeconomic data are likely to continue to reflect faster domestic growth, accompanied by policy tightening.　　At the same time, domestic inflationary pressures continue to increase, in order to curb the overheated economy, austerity will remain the main tone of policy. Li Huiyong that the future regulation and control policy will be carried out in accordance with two routes: first, the follow-up regulation of real estate policies, mainly the real estate-related tax pilot and real estate project capital proportion of the increase; second, the policy aimed at regulating the overheating of the economy, including the control of credit lines, the liquidation Raise interest rates and revalue the renminbi.