Interview with Xu Hongcai: It is expected that the CPI will rise moderately in the second half of the year, and it may exceed 3% in the fourth quarter

On July 15, data released by the National Bureau of Statistics showed that CPI rose 1.7%year -on -year in the first half of the year.Xu Hongcai, deputy director of the Economic Policy Committee of the China Policy Science Research Association, said in an exclusive interview with the reporter of the Daily Economic News that the current regulation of prices should be focused on PPI, so that the PPI can not have a strong rebound, because it has for manufacturing, small, medium and microThe enterprise has a great impact, and we must control this piece.In other words, considering my country's national conditions, the control of prices must still take care of the CPI and PPI, and it may be misleading just looking at the CPI.He predicts that the CPI will rise mildly in the second half of the year, which may reach 3%, and it may exceed 3%by the fourth quarter.The PPI may continue to linger around 6%in the second half of the year, and the space for rising and falling is relatively small, and the power to go further is relatively weak.

Daily Economic News

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