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A number of economists2 are suggesting inflation here in China may be back under 2-percent.
This would be down from the 2.5-percent figure in December.
In December, vegetable prices surged 14.8 percent after the coldest month in nearly 30 years reduced supplies.
Food prices have since stabilized3.
The Producer Price Index, the measure of inflation on the wholesale4 level, is forecast to come in at 1.7-percent in January.
Bank of Communications economist Tang Jianwei notes a higher comparative base on an annualized basis is contributing to the downtrend in inflation.
For more on what we can expect from the January inflation figures, we now cross live to Mark Hughes, Executive business editor of China Daily.
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1 economist | |
n.经济学家,经济专家,节俭的人 | |
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2 economists | |
n.经济学家,经济专家( economist的名词复数 ) | |
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3 stabilized | |
v.(使)稳定, (使)稳固( stabilize的过去式和过去分词 ) | |
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4 wholesale | |
n.批发;adv.以批发方式;vt.批发,成批出售 | |
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5 spiked | |
adj.有穗的;成锥形的;有尖顶的 | |
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