Sun, Mar 10, 2013 - Page 13 News List

China inflation moves closer to target

FORECAST:An expert said consumer inflation would slow to below 2.5 percent this month, then gradually accelerate to ‘stay consistently above’ 3 percent after July


“Policy makers should be wary of inflation later this year” with the recovery in economic growth, Lu Ting (陸挺), head of Greater China economics at Bank of America Corp in Hong Kong, said in a note yesterday.

At the same time, “it’s too early to call for significant monetary tightening at present,” he said.

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