PMI March rally experts say inflationary pressures cannot be ignored

November 1 Morning News China's manufacturing Purchasing Managers ' Index (PMI) was released in October as 54.7%, up 0.9% in the quarter, the third consecutive month.　　Experts believe that the economic stability and recovery of the situation further clear, strong growth momentum, but inflationary pressure can not be ignored. Lianping, chief economist at Bank of communications, said that overall, the economic rebound is not over, the momentum of growth is stronger.　　This has to do with the recent two-month credit rebound, the speed of capital flow has a certain relationship.　　Jian Xu, a macro analyst at CICC, also pointed out that, from the chain perspective, the October PMI index showed that the economic growth rate was faster and the trend of stabilisation and recovery was further clarified. However, the purchase price index was 69.9% in October and rose by 4.6% in the chain.　　Jian Xu that the index rose relatively fast, indicating that there is a certain degree of cost-driven price pressure, while the industrial sector cost-boosting pressure is also rising, the overall view of inflationary pressure can not be ignored. In terms of policy, the regulator is very concerned about price management, Jian Xu that in addition to expanding supply, not excluding the use of credit and other means to tighten liquidity. (Super Yan from Beijing)