The National Bureau of Statistics will release China's Consumer Price Index (CPI) for May next week and analysts are predicting that based on the slight rise in pork, eggs and other food prices, the CPI figure for May may have risen by between 5.4 and 5.5%. Many analysts are also saying that China's central bank might raise interest rates again in early June in a bid to put a lid on inflation. A lot of analysts also seem to agree that inflationary tensions are reaching their peak and that price pressures should fall after the third quarter.
The National Bureau of Statistics will release China's Consumer Price Index (CPI) for May next week and analysts are predicting that based on the slight rise in pork, eggs and other food prices, the CPI figure for May may have risen by between 5.4% and 5.5%. Many analysts are also saying that China's central bank might raise interest rates again in early June in a bid to put a lid on inflation. A lot of analysts also seem to agree that inflationary tensions are reaching their peak and that price pressures should fall after the third quarter.
Source
China Securities Journal
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