National Information Center estimates CPI inflation in four quarter 3.8%GDP 8.7%

The National Information Center 19th, the report of the exclusive release of the China Securities newspaper, the estimated four quarters of China's consumer price (CPI) will rise to 3.8%, the annual CPI rose slightly more than 3% of the regulatory targets, still within the social affordable range.　　Relevant departments should timely promote the monetary policy from expansion to neutral. The report believes that in the recent period, China's edible oil, sugar, cotton and early Indica rice prices of the overall rise in the four quarter of the overall price of the upward push effect. The report said that this year, China's CPI increase will be slightly higher than 3%, can basically achieve regulatory targets. The relevant departments should promote the change of monetary policy from expansionary to neutral, and adopt combination control measures to ensure the stability of price level. The report estimates that China's GDP grew 8.7% per cent year-on-year in the four quarter, slowing 0.9% from the third quarter, a 10% per cent annual economic growth and still strong momentum and expectations for economic growth. (Han Xiaodong)