Vegetable Prices Fell &Nbsp For Four Consecutive Weeks; Inflation Pressure Is Hard To Say.

Food, especially vegetables, which is the main factor to increase CPI in the early stage.

Entering April, food prices were in the weather and

The latest statistics released by the National Bureau of statistics on the average price changes of major foods in 50 cities also showed that the main food prices in mid April showed a general decline compared with the first half of April, and some vegetable prices fell by 15.5%.

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But given the fact that the strong tail up factors and the reasons for this inflation are extremely complex, more analysts believe that the rise in vegetable prices has pushed up CPI, but the decline has not been able to lower CPI. Therefore, the inflation pressure in April is still at a high level, and the growth rate of CPI will not be significantly smaller than that in March.

Shanghai securities analyst Hu Yuexiao believes that although the supply of fresh vegetables and non-staple food has increased substantially in recent years, the price has dropped rapidly, and there has been a phenomenon of "selling vegetables difficult" in some areas. However, because the cost of the circulation links determines the stability of terminal consumer prices, the CPI ring ratio will not drop too much, and it is estimated that CPI will still be 5.2% in April.

CICC's report also predicted that inflation pressure remained strong in April, or 5.2% to 5.5%, or near March levels.

Wang Wenbo, deputy director of the comprehensive Bureau of the National Bureau of statistics, said at a recent seminar that "the current inflationary pressure is indeed relatively large, and inflation is not a short-term problem, and it may continue to increase."

Wang Wenbo said that the reasons for this round of inflation are more complicated. First, the rapid rise of various cost elements has led to the rise in grain prices.

The rising cost of agricultural planting is a technical reason; the second is excess liquidity; the third is the problem of imported inflation.

When inflation can not be suppressed by vegetable prices, Wang Wenbo's judgment that inflation itself is not a short-term issue may reveal the trend of inflation.

The financial forecast Department of the Ministry of finance of the Ministry of finance also gave a judgement on the price situation this year. He thinks that CPI will reach the peak of the whole year in 5 and June this year, and the growth rate will reach 5.5% to 5.6%.