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National Information Center: Third-quarter CPI rose 3%, GDP up 9.2%
Source:China Fertilizer Net   Author:Hope Ching   Time:2010-08-09   Read:1230second  

        Department of State Information Center on the 4th macro forecast third-quarter economic forecast published analysis, forecast third-quarter slowdown in China's economic growth will show a trend of modest price increases. Preliminary estimates, the third-quarter gross domestic product (GDP) grew 9.2%, consumer price (CPI) rose 3%.

        
Report that, to speed up transformation of economic growth, adjusting the economic structure, the energy saving Mubiao then I do not pay the cost of speed is impossible, but it has retained control of the structural policy Jiang Shi of the Chinese economic slowdown does not appear Guo fast slide. Complex in the external environment, diminishing marginal utility policy, inventory covering phase is largely over, a year earlier base elevation and other factors, China's economic growth to continue steadily pulled back three quarters of GDP is expected to increase about 9.2%. On the price front, the report that three quarters of rising consumer prices will remain moderate, in which extreme weather, energy price reform, labor prices and will drive prices hikes resulted, but the Government's initiative to control, ample food stocks, real estate markedly progressive policies and international pressure to reduce the inhibitory input prices rising too fast.

        
Therefore, the National Trust Centre that, in general terms, our modest gains in consumer prices, inflation is expected to decrease, but can not ignore the push inflation uncertainty. Preliminary estimates, the third quarter, up 3% CPI, PPI rose 5.1%. (Hope clear)

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