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Bureau of Statistics spokesman: 3% inflation target this year is possible to achieve

Bureau of Statistics spokesman: 3% inflation target this year is possible to achieve

Write: Free [2011-05-20]

June 11 morning news, Bureau of Statistics data released in May of economic operations, CPI rose 3.1%. This State Statistical Bureau spokesman Sheng to Win, said the future trend of inflation has eased this year, prices rose 3% target is possible.

To transport, said Sheng, CPI up 3.1% for two reasons, first, hikes resulted from the contribution of more than 50%; second, food and housing prices lead to higher CPI, has remained a structural increase.

Sheng to transport, said current and future trend of inflation has eased. Because, in May rose 0.1% to decrease the chain, and seasonal factors, vegetable prices fell; European debt crisis, commodity prices; hikes resulted from the impact will be in June reached a high point, the back of hikes resulted will decline.

Sheng to transport said that this year inflation target of 3%, is possible.