Little prospect of surge in inflation

Economy sound, says NDRC official, with major monetary easing unlikely

There is little chance inflation will surge in China as risks are well under control and the government is set to avoid immediate monetary easing, officials and analysts say, although it will face some inflationary pressure mixed with an economic slowdown.

"China's inflation is expected to remain stable and there is little likelihood of seeing a significant increase since the economy remains sound," said an official from the National Development and Reform Commission who declined to be identified, adding that the effects of external pressures, such as commodity price fluctuations and potential tariffs, remain under control.