时间:2022-05-16 08:57:57


China's inflation is expected to remain mild and controllable this year, leaving room for macro policy fine-tuning and adjustment, experts and analysts2 said on Wednesday.
They warned of multiple pressures from shrinking demand, supply shocks and weakening expectations amid resurgent domestic COVID-19 cases, as well as a more complicated and grimmer external environment, and said a stronger macro policy response was likely in order to stabilize3 expectations and shore up growth.
The country's consumer price index, a main gauge4 of inflation, rose 2.1 percent year-on-year in April amid rising prices of fresh vegetables, fresh fruit and diesel5 fuel, marking the fastest pace in five months, the National Bureau of Statistics said on Wednesday.
Meanwhile, the country's factory-gate prices rose in April at the slowest rate in a year as the government took steady steps to ensure stable supplies and prices amid international commodity price hikes. China's producer price index, which gauges6 factory-gate prices, increased 8 percent year-on-year in April, the NBS said.
Wen Bin7, chief researcher at China Minsheng Bank, said China's overall inflation level is mild and controllable. Wen said he expected policymakers to increase monetary8 policy support for hard-hit enterprises and sectors9 amid COVID-19 outbreaks, which will help ease enterprises' burden and promote economic growth to a reasonable range.
Wen attributed the growth in consumer inflation to food and energy, warning of inflation pressure amid rising international commodity prices. He said more efforts are needed to ensure stable supplies and prices and ensure smooth logistics.
Zhou Maohua, an analyst1 at China Everbright Bank, said that while the slower increase of the producer price index will help ease pressures on costs for some midstream and downstream manufacturing enterprises, the 8 percent increase in the PPI suggests that raw material prices remain high.
"Many midstream and downstream manufacturing enterprises still face pressure from high production costs," he said.
Looking ahead, Zhou estimated that China's consumer inflation may continue the uptrend seen in the last month but will remain mild overall.
He said the uptrend may continue in the following months, given the resurgent domestic COVID-19 cases, fluctuation10 of energy prices, a recovery in pork prices and a low comparison base.
However, overall, China's inflation will remain mild given the government's solid moves to control the epidemic11, increase the support for enterprises, ensure stable supplies and prices, stabilize industrial and supply chains and ensure smooth logistics, Zhou added.



1 analyst gw7zn     
  • What can you contribute to the position of a market analyst?你有什么技能可有助于市场分析员的职务?
  • The analyst is required to interpolate values between standards.分析人员需要在这些标准中插入一些值。
2 analysts 167ff30c5034ca70abe2d60a6e760448     
分析家,化验员( analyst的名词复数 )
  • City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
  • I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。
3 stabilize PvuwZ     
  • They are eager to stabilize currencies.他们急于稳定货币。
  • His blood pressure tended to stabilize.他的血压趋向稳定。
4 gauge 2gMxz     
  • Can you gauge what her reaction is likely to be?你能揣测她的反应可能是什么吗?
  • It's difficult to gauge one's character.要判断一个人的品格是很困难的。
5 diesel ql6zo     
  • We experimented with diesel engines to drive the pumps.我们试着用柴油机来带动水泵。
  • My tractor operates on diesel oil.我的那台拖拉机用柴油开动。
6 gauges 29872e70c0d2a7366fc47f04800f1362     
n.规格( gauge的名词复数 );厚度;宽度;标准尺寸v.(用仪器)测量( gauge的第三人称单数 );估计;计量;划分
  • A thermometer gauges the temperature. 温度计可测量温度。 来自《简明英汉词典》
  • The fuel gauges dropped swiftly. 燃料表指针迅速下降。 来自《简明英汉词典》
7 bin yR2yz     
n.箱柜;vt.放入箱内;[计算机] DOS文件名:二进制目标文件
  • He emptied several bags of rice into a bin.他把几袋米倒进大箱里。
  • He threw the empty bottles in the bin.他把空瓶子扔进垃圾箱。
8 monetary pEkxb     
  • The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
  • Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。
9 sectors 218ffb34fa5fb6bc1691e90cd45ad627     
n.部门( sector的名词复数 );领域;防御地区;扇形
  • Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
  • Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》
10 fluctuation OjaxE     
  • The erratic fluctuation of market prices are in consequence of unstable economy.经济波动致使市场物价忽起忽落。
  • Early and adequate drainage is essential if fluctuation occurs.有波动感时,应及早地充分引流。
11 epidemic 5iTzz     
  • That kind of epidemic disease has long been stamped out.那种传染病早已绝迹。
  • The authorities tried to localise the epidemic.当局试图把流行病限制在局部范围。