The CPI Increase In November May Be The Highest &Nbsp In The Whole Year, And The Experts Estimate No More Than 5%.
Some experts predict that
Food price
The rally is clear. In November, China's consumer price index (CPI) rose by more than 4.4% last month, reaching the peak of the year, but it is unlikely to exceed 5%.
The price data of edible agricultural products released by the Ministry of Commerce show that since November, the price increase of major edible agricultural products has been shrinking. The average wholesale price of 18 vegetables has dropped for two weeks in a row.
Yao Jingyuan, chief economist of the National Bureau of statistics, said recently that under the guidance of the 16 measures of the State Council, the government has stabilized from many links such as production and circulation.
inflation expectations
"
Analysts believe that as food, meat and poultry and their products continue to rise slightly, the residents' inflation expectations are still more obvious. In November, the CPI increase may be a new high, but the probability of over 5% is unlikely.
Because the December caudate factor will disappear completely, this factor will make
CPI
Down 1 percentage points, November price data may be the peak of the annual increase.
The macroeconomic weekly released by CICC believes that the weekly price increase of food prices has narrowed in the first three weeks of November, and CPI is expected to rise by 4.8% over the same period last month, an increase of 0.4 percentage points from last month.
PPI of industrial products rose 4.6%, down 0.4 percentage points from last month. The reason for the narrowing of the industrial products is the tail up factor, and two is the recent mild rise in international commodities.
Dong Xianan, chief macroeconomic analyst of Xingye securities, thinks that the CPI increase is expected to be 4.7% in November, and the inflation risk will continue to highlight. In November, the central bank raised the deposit reserve rate continuously, but the possibility of raising nominal interest rate in the future still exists.
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