Global EditionASIA 中文双语Français
Business
Home / Business / Macro

China has favorable conditions to keep prices stable: spokesperson

Xinhua | Updated: 2022-05-16 16:09
Share
Share - WeChat
A woman buys pineapples in a supermarket in Xuwen county, South China's Guangdong province, on March 6, 2021. [Photo/IC]

BEIJING - Despite the recent rise in China's consumer price index (CPI), the country has the favorable conditions to keep prices stable with its sufficient market supply of goods and services, Fu Linghui, spokesperson for the National Bureau of Statistics, said Monday.

During the first four months of the year, the country's CPI, a main gauge of inflation, rose 1.4 percent year-on-year, Fu added.

Noting that major economies such as the United States have reported significant CPI expansions in April, Fu said that China's market supply is generally sufficient and the CPI increase is comparatively lower.

As imported inflationary pressures are relatively high, it is a hard-won achievement to keep the price rise within a moderate range, Fu said.

Lauding the adequate supply of grain, coal and industrial consumer goods in the country, he said the consumption of services is also recovering.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE