November CPI rise may be the highest in the year

Commercial News (reporter Dingkaiyan) November macroeconomic data is about to be released, the relevant experts predict, by the impact of higher food prices, November CPI (consumer Price index) rise will reach the highest point of the year, inflationary pressure upward trend will continue until next year.　　The bank's chief economist, Lu County, forecasts that November CPI inflation will reach 4.8%, up from 0.4% last month.　　According to monitoring data from the Ministry of Commerce, November 1-7th, meat prices rose 0.8%, sugar prices rose 1%, edible oil prices rose 0.5%; November 8-14th, pork prices rose 1.6%, soybean oil prices rose 0.8%. "According to the Ministry of Commerce monitoring data projections, November CPI increase will be new high, and reached the year highs." "Food prices are the main reason for pushing up the November CPI," said Tang Jianwei, senior macro analyst at the Bank of Communications Finance Research Center.　　He also pointed out that by the State regulation of prices and the disappearance of factors, December CPI inflation will fall slightly.　　Although the recent measures to curb prices in China, but the Chinese Academy of Social Sciences, industrial Economics researcher Mr Cao that next year, the pressure of rising prices still exist, "domestic liquidity is the most important reason." In addition to liquidity, climate and other factors could raise prices in the first half of next year, Tang Jianwei said. "Early next year is expected to increase prices, inflation pressure is obvious, but the annual price trend before the high and low, can maintain the controllable range." ”