Cross-bank: The highest price point may appear in the year

The highest point of price may appear in the middle of the year. Recently, the Bank of Communications Financial Research Center calculates that in 2010 China's prices will increase in demand, 2009, the lag effect of high growth in money supply, the import factors of international commodity prices, as well as domestic resource prices reform and other factors, the joint push to return to the rising track,　　2010 CPI trend is expected to be inverted U-type, that is, both low, Middle high, the first half of the price will maintain a sustained upward trend, the highest price point may appear in the year.　　If there are no other sudden factors, the likelihood of hyperinflation in 2010 is small, the annual CPI is expected to rise in the year between 3%~4%, and 10% of the economic growth level, is still a moderate rise. With food prices continuing to rise, the year-on-year increase in CPI in December 2009 continued to expand after last month's positive growth. The research Center said the Ministry of Agriculture and the Ministry of Commerce monitoring data, is expected to December CPI year-on-year growth between 1.2%~1.8%, take the number of digits, the forecast December CPI year-on-year growth of 1.5% or so, compared to last month, the increase significantly. It is expected that the annual CPI negative growth in 2009 is a foregone conclusion, with an annual growth rate of 0.7%.