Inflation eases, paving way for stimulus steps

Mainland inflation cooled more than expected last month to its lowest level in nearly 21/2 years, reflecting weak demand and pointing to more policy easing in the months ahead.

Tuesday, 10 July, 2012, 12:00am

Inflation fall raises hopes for economy

Inflation on the mainland slowed sharply in October, potentially opening the door for policymakers to begin fine-tuning tightening measures begun a year ago. That would help an economy feeling the chill of a global slowdown.

10 Nov 2011 - 12:00am

Inflation slows but food still sizzling

Mainland consumer inflation moderated from a three-year-high last month and economic activities softened, indicating further tightening measures are unlikely this year.

The consumer price index in August was at 6.2 per cent from a year ago, compared with a 37-month-high of 6.5 per cent in July, the National Bureau of Statistics said yesterday.

10 Sep 2011 - 12:00am

Inflation eased to 1.3pc last month

Inflation eased to 1.3 per cent last month from a year ago versus a 2.8 per cent rise in June, as the government started paying rent for public housing tenants as part of one-off relief measures. Without those, consumer prices rose 1.9 per cent against 1.7 per cent in June, Census and Statistics Department data showed.

21 Aug 2010 - 12:00am

Pay increases failing to keep up with living costs

Pay rises are lagging behind inflation as overall consumer prices rose 6.3 per cent last month, the highest in a decade.

Salary increases averaged 4 per cent this year, according to a survey by the Institute of Human Resource Management.

21 Mar 2008 - 12:00am

Hold tight and hope in anti-inflation fight

On Wednesday, Premier Wen Jiabao declared that inflation is public enemy number one in China. Yesterday Beijing's leaders wheeled the three guys actually responsible for fighting this foe out to face the press: Finance Minister Xie Xuren, National Development and Reform Commission chief Ma Kai, and central bank boss Zhou Xiaochuan.

7 Mar 2008 - 12:00am

Beijing raises inflation forecast to 4.8pc

Snowstorms and surge in raw material prices prompt government to revise CPI target

The central government has revised upwards its full-year inflation target for this year to 4.8 per cent from 4.6 per cent, as higher than expected raw material prices and the impact of the recent blizzards add to pressures, according to a newspaper report.

28 Feb 2008 - 12:00am

Fuel sellers fined for illegally increasing price

Crackdown on oil profiteering

Six independent fuel service stations that raised diesel prices above the state-set level have been fined by the mainland's top economic planning agency.

29 Nov 2007 - 12:00am

Mainland think-tank warns that inflation could become serious

Surging production costs, excessive fixed-asset investments and rising global commodity prices could lead to serious inflation in the mainland, a government think-tank has warned.

The Chinese Academy of Social Science said in a study that in order to rein in inflation, the government will make price stabilisation its prime objective next year.

12 Oct 2007 - 12:00am

Banking official admits inflation will top 3pc

PBOC bureaucrat says it will move to keep a lid on consumer prices

The central bank has for the first time admitted that the mainland's inflation rate will exceed its 3 per cent target this year and said it would take further measures if necessary to keep prices in check.

30 Aug 2007 - 12:00am

Top planner adds weight to view that CPI will exceed 3pc target

Mainland inflation will rise faster than the government's 3 per cent target this year amid growing concerns the economy is overheating, a senior official with the country's top planning agency has warned.

10 Jul 2007 - 12:00am

Case for mainland rate rise grows

Expect the mainland to raise interest rates any day now.

After the release yesterday of inflation and money supply data for May, more interest rate increases look inevitable and they are likely to come sooner rather than later.

Last month the mainland's consumer price inflation hit 3.4 per cent, the highest rate in more than two years.

13 Jun 2007 - 12:00am

Beijing's rate rise too small to deter A-share speculation

The mainland's weekend rate increase was aimed partly at cooling speculation in the country's booming stock markets. Yesterday's 2.88 per cent rise in Shanghai's A-Share Index shows it is too small to succeed.

20 Mar 2007 - 12:00am

High rents help tip inflation over 2pc, highest since 1998

Higher rents for private housing and the rising cost of dining out have contributed to inflation topping 2 per cent for the first time in almost eight years, the government says.

A spokesman said moderate inflation was likely to be sustained this year as the labour market improved and domestic consumption drove up prices.

23 Jun 2006 - 12:00am

Home rentals driving up consumer prices

Rising rentals for housing will continue to be the main factor driving up consumer prices, which rose by 1.9 per cent year on year in April and are expected to climb steadily in the coming months, economists say.

23 May 2006 - 12:00am