Experts predict January CPI parity with last month or up to 4%

BCC Beijing February 11 News According to the Chinese voice of the "News and newspaper Digest" 6:43, the National Bureau of Statistics today (11th) will announce the January 2010 Consumer Price Index--CPI and industrial factory price index--ppi.　　Experts predict that January CPI may be unchanged from last month, PPI is expected to be around 4%. Forecasts show economists ' expectations for the January CPI were 2%, roughly unchanged from December 2009 's 1.9%.　　Xijun, deputy Dean of the School of Finance and Finance at Renmin University, said the CPI would not be much different from December. Economists ' expectations for the January PPI were as high as 3.7%. Li Dahuan, director of the British Securities Institute, even predicted that PPI could reach 4%. "PPI may be higher, about 4%. "Experts believe that the Spring festival factors and the rain and snow in January have become the driving force behind the CPI, and the sharp rise in PPI is due to the increase in production and commodity prices." "The underlying material, the price of means of production may be reflected in the CPI."　　"Li Dahuan said. Xijun also predicted further increases in CPI and PPI in the coming months, depending on the current price trend. This is normal for a fast-growing China, and people need not worry too much. "From the current trend, there is this tendency. Economic growth in developing countries is faster, and it is sure to lead to a relatively fast rise in prices. There is a balance between economic growth and tolerable price changes and price increases. "If CPI and PPI continue to strengthen, the expectation of higher rates will also increase significantly." But the vast majority of experts think the current rate hike is not likely, Li Dahuan said: "The trend of interest rates, in addition to considering inflation, may also have to consider more economic growth, and the process of recovery, and other factors." ”