China's GDP and CPI to rise 9% and 5% in Q2: think tank
Post Date: 28 Apr 2011 Viewed: 580
China's economy may keep growing stable in the second quarter, the gross domestic production (GDP) might rise 9.6 percent. The inflation pressure is still high, and the consumer price index (CPI), the main gauge of inflation, will rise 5 percent year on year in the second quarter of 2011, the Analysis and Prediction Office with National Development and Reform Commission (NDRC) said in an exclusive report issued in China Securities Journal today.
The report said, the series adjustment policies would affect the economy and inflation in later 3 or 6 months, the containing monetary policy would be relatively stable to observe the policy aftermath.