Zuo: Domestic inflationary pressures will continue

"Caijing" reporter to Snow Plum "at home and abroad under the influence of multiple factors, October CPI growth and innovation high, up 4.4% year-on-year."　　Industry analysts believe that high CPI growth or will continue, when the peak remains to be seen.　　The National Bureau of Statistics today released data shows that October consumer prices (CPI) Rose 4.4% Year-on-year, the increase than last month, the expansion of 0.8%, the chain Rose 0.7%; Zuo, chief economist at Galaxy Securities, said the CPI was growing faster, on the one hand, from inflationary pressures from rising domestic prices and, on the other, imported inflationary pressures from abroad. If not handled well, next year's inflation has a lot of added pressure.　　She predicts CPI growth will remain around 4% next year. Wanguo analysis said that food prices and housing prices are the main driving force for the CPI rise, the two contributed to the new price factors 74% and 16.6% respectively. At the same time PPI turned up, the early upstream price increase in the lower and middle price pressure, PPI increase further aggravate CPI upward pressure.　　Inflation is expected to remain high for the next 5 months. Zhu Jianfang, chief macro economist at Citic Securities, also said the CPI would continue for some time.　　It is expected to remain at 4% or above in the four quarter of this year, with the possibility of higher November and a weaker chance of innovation in December. Zuo said that the appreciation of the renminbi does not ease inflationary pressures. While the rise in the value of the currency has some marginal role in reducing the price of imported goods, it cannot withstand the pressure of a weaker dollar and higher commodity prices.　　In fact, countries such as Japan, South Korea, Indonesia and India are stabilizing their exchange rates when the dollar has fallen sharply. Wanguo Analysis of the report pointed out that, in the economic stability, liquidity, inflation pressure increases and housing prices are not enough, the year or next year before and after the spring Festival is likely to raise interest rates again.