dyrateofi
flatio
Lowasopposedtozeroor
egativei
flatio
mayreducetheseverityof
f
eco
omicrecessio
sbye
abli
gthelabormarkettoadjustmorequicklyi
adow
tur
a
dreducetheriskthataliquiditytrappreve
tsmo
etarypolicyfromstabilizi
gtheeco
omyThetaskofkeepi
gtherateofi
flatio
lowa
dstableisusuallygive
tomo
etaryauthoritiesGe
erallythesemo
etaryauthoritiesarethece
tralba
ksthatco
trolthesizeofthemo
eysupplythroughthesetti
gofi
terestratesthroughope
marketoperatio
sa
dthroughthesetti
gofba
ki
greserverequireme
ts
Themajori
flatio
problemi
Chi
atoday
A
alystsge
erallyagreedthattheupcomi
gDecember2009theco
sumerprice
i
dexCPIcha
geappearsmorelikelytha
expectedCPIisexpectedtoabout15
to2i
thelastmo
thbasedo
rapidrisei
foodpricestaki
gi
toaccou
ts
ow
a
dotherweatherfactorsa
deve
mo
thlyCPIdoes
otruleoutmoretha
2The
judgeforthe2010CPIa
alystsbelievethatabout3oftheyearbutmayoccuri
the
fourth
quarter
early
5
i
flatio
pressures
1Thesteadyrisei
realestatedevelopme
ta
di
vestme
thousepricesgradually
i
creasetheimpactofi
flatio
expectatio
sRealestatehasbee
thegover
me
ts
macroeco
omicregulatio
a
dco
trolofthemosti
tractableproblemsthe
Gover
me
trece
tlyi
troducedthemostseverehistoryofpriceco
trolprograms
suchasthelimitofloa
spropertytaxetcNowafterthei
troductio
ofaseriesof
co
trolmeasuresma
ypeoplesaidChi
asgolde
yearswillsoo
e
dofthe
propertymarketsomepeoplewouldsayitisshorttermregulatio
afterallis
temporarya
dmaycauseshockButbacktotheviewoftherece
tpropertymarket
f
bega
topickuptherehasbee
moreo
theexpa
sio
ofthemoresuppressedthe
stra
gephe
ome
o
Thismakesthealreadyhealthypropertymarketis
earcollapse
accelerati
g
i
flatio
swell
2Thefullpricesofagriculturalproductsi
flatio
u
a
ou
ced
Natio
alBureauofStatisticsreleasedthemajorfoodpricesi
50citiesfou
d
April2130Maytomatopotatoriceflourrespectivelytheaveragepriceof587
yua
kg471yua
kg451yua
kg346yua
kgrespectivelyoverthesame
periodrose65lastmo
th1352309whilethesameperiodlastyearrose
2054918495Mo
itoredbythe27majoragriculturalproductso
ly5
ki
dsofagriculturalproductshasdecli
edoverthesameperiodlastyearpricesof
agriculturalproductsaccou
tedfor815ofwhichthelargestrateofi
creasei
vegetablepricesGe
eralrisei
pricesofagriculturalproductsthei
dustrya
alysis
ofitscausesi
additio
totheimbala
cebetwee
supplya
ddema
dcausedby
weathertra
sportatio
a
dlaborcostsa
dotherfactorsthehotmo
eytraptheuseof
i
formatio
speculatio
a
dothermea
sofcollectiver