|Xinhua File Photo
BEIJING, Oct. 13 (Xinhua) -- China's consumer price index (CPI) is estimated to grow by about 3 percent in September from a year earlier,according to the Bank of Communications.
The official CPI in September, a main gauge of inflation, is due to be released by the National Bureau of Statistics (NBS) on Oct. 14.
A rebound in vegetable and pork prices may boost the September CPI, as food prices account for nearly one-third of the prices used, said Tang Jianwei, the bank's senior economist.
The prices of farm produce in 36 major cities continued to climb last week (Oct.1-7), with the price of pork and the wholesale prices of 18 kinds of vegetables gaining 0.3 percent and 3.2 percent, respectively, according to the Ministry of Commerce.
China's CPI rose 2.6 percent year on year in August, down from 2.7 percent in July. The figure remains well below the government's full-year target of 3.5 percent.
China's exports, trade surplus shrink, imports rise
BEIJING, Oct. 12 (Xinhua) -- China's exports fell unexpectedly 0.3 percent in September from a year earlier, customs data showed on Saturday, ending two consecutive months of rises.
This fell short of market forecasts of at least single-digit growth following August's 7.2-percent rise. Full story
Chinese industrial output growth to remain high: economist
BEIJING, Oct. 12 (Xinhua) -- Stabilized demand from the three main drivers of China's economic growth -- fixed-asset investment, retail sales and foreign trade -- means industrial output expansion should remain at a relatively high pace, a leading economist said.
Since the third quarter of the year, fixed-asset investment, retail sales and net exports have all had a stable performance. Fixed-asset investment ended a downward trend to record a slight rebound, said Xu Pingsheng of the State Information Center, a top government think-tank. Full story