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 Chinese(GB) Chinese(Big5)
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2007 - 05 - 09 11:26    sznews
 

    The upward trend in the CPI has been driven by a pickup in demand as a result of strong consumption, exports and excessive liquidity.

    Grain prices, which have been rising regularly since last year, will continue to rise until autumn, the report warned, because grain production could stay flat.

    Rising real estate prices are another factor contributing to the increase in the CPI. The situation could lead to higher rents, which is one part of the CPI, the report said.

 
(Source: China Daily) Editor: Jenny Du
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