Sunday 8 April 2012

中国通膨继续上升,从3.2% 升至 3.6%

中国通膨继续上升,从3.2% 升至 3.6%, 超出预期的3.4%。

China inflation growth dims hopes of interest rate cut
China's inflation rate grew more-than-forecast in March as higher fuel and food costs pushed up consumer prices.

Consumer prices grew by 3.6% in March from a year earlier, up from 3.2% in February. Analysts had forecast an increase of 3.3%.

Premier Wen Jiabao has cited inflation is one of China's main economic worries and has set a target of 4% for 2012.

Analysts said the data may prompt the central bank to hold back on monetary policy easing for now.

China's economy grew by 8.9% in the three months to the end of December from a year earlier, the slowest pace of growth in more than two years.

There have been concerns that its growth may slow even further amid a slowing demand for its exports from key markets such as the US and eurozone.

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