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Author: | Xu, Lianzhong |
Title: | Price forecast in 1996 and assessment of price trends in 1997 (original in Chinese) |
Journal: | China Price (c)
1996 : 2, p.4-8 |
Index terms: | PRICES ECONOMIC FORECASTING PRICE LEVEL CHINA |
Language: | chi |
Abstract: | Overall, in the last two months of 1996, the range of price rise will remain the same as now. It is estimated that the retail price and the prices of residents' consumption goods will rise 5.2% and 7.5% or so on average, respectively. In 1997, the state will continue to practice tight macro economic policy. On the premise of rapid growth of national economy, the range of price rise will still keep the trend in 1996, that is keep a low-level steady change. The range of price rise for the whole year will be 6.0% or so, slightly lower than that in 1996. |
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