Last Year, CPI Grew By More Than Expected &Nbsp, And 10000 Yuan Was Saved For A Year, Losing 190 Yuan.

In December 2011, CPI increased by 4.1% over the past 15 months to a new low, and food prices rose by 11.8% over the whole year, which is the main factor driving CPI up.

Experts predict that in 2012, the overall price outlook.

CPI increased by 5.4% over the previous year, exceeding 4% of the expected target.

In December 2011, CPI increased by 4.1% over the past 15 months to a new low, and food prices rose by 11.8% over the whole year, which is the main factor driving CPI up.

Experts predict that in 2012, the overall price increase will be lower than that in 2011.

This year, monetary policy and fiscal policy will continue to relax and become more active this year.

The National Bureau of statistics issued a report yesterday. According to the whole year of 2011, China's CPI rose by 5.4% over 2010, higher than the 4% target set at the beginning of the year.

In December 2011, the national consumer price level (CPI) rose 4.1% year-on-year, the lowest level since September 2010, and fifth months after hitting a three year high of 6.5% in July of last year.

Experts predict that

Analysis:

Last year inflation was low in the middle and high in the middle.

Song Yu, Goldman Sachs Goldman economist at China Goldman Sachs, told reporters yesterday that the overall demand in the months before November last year

Qiu Yunbo, a macro analyst at China Post securities, said that food prices rose by 11.8% in 2011, which is the main factor driving CPI up.

Prices of tobacco and alcohol, health care and housing in the non food sector also rose significantly (see chart).

In 2011, the trend of CPI showed a low and medium high trend. After hitting a 6.5% high point in July, the tightening policy brought CPI down.

Inflation pressure is expected to ease this year, CPI will fall to around 3.5% in the whole year, and PPI will rise by 6% in 2011.

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Trend:

Holiday factor CPI will rebound this month.

There are signs that China's CPI growth will rise again in January.

According to the National Bureau of statistics, in December last year, the end of the consumer price index rose year-on-year, and the new price increase factor was 4.1 percentage points.

In January, the wholesale price index of agricultural products of the Ministry of agriculture continued to rise, and the Ministry of Commerce announced that the price chain ratio of food products has also hit the highest weekly cycle ratio since nearly half a year ago. Overall, the price of food will face greater upward pressure in January.

Bason, deputy director of the Financial Research Institute of the State Council Research Center, also said in public yesterday that the CPI growth rate in January 2012 is likely to rebound.

Guo Hai securities analysis teacher Xiao Yang said: in January, due to seasonal factors and Spring Festival factors, CPI has the possibility of rebound, initially estimated at around 4.2%.

Historically, the link up in January was significantly higher than that in December.

However, the CPI rebound caused by seasonal and holiday factors has already been predicted in the market, and the trend of CPI decline has not changed since the first half of next year.

Therefore, the disturbance of CPI in January will not have much impact on the market.

Despite the rise in food prices at the end of the year, China's CPI growth in December continued to decline for the fifth consecutive month and hit a 15 month low.

Inflation is expected to decline, allowing more room for policy easing.

Analysts generally expect that the next policy will be fine-tuning, and the rate of reserve requirement reduction is only a matter of time.

Forecast:

There is more room for policy easing.

Zhu Haibin, chief China economist at JP Morgan, told reporters yesterday: the positive news of inflation pressure easing is that policymakers shift their policy focus to more space for growth.

On the eve of the Spring Festival, the central bank will reduce the deposit reserve ratio by 50 basis points, which is likely to be lowered this week to ease the liquidity pressure caused by seasonal factors (cash demand on New Year's Eve and increased fiscal deposits in January).

In the future, monetary policy will be moderately relaxed.

Shen Jianguang, managing director of Mizuho Securities Asia, said that monetary policy will continue to ease this year, and fiscal policy will be more positive. This year is a good opportunity to invest in A shares.

Expert prediction

Prices will fall further.

"4.1% of the increase is expected, and the downward trend of prices is further established."

Zhang Xiaojing, director of the macroeconomic Office of the Economic Research Institute of the Chinese Academy of Social Sciences, analyzed and judged that the trend of prices was difficult to deviate from the general trend of the fall in aggregate demand brought about by the decline in China's economic growth rate.

Experts generally believe that with the establishment of China's economic growth rate down trend, prices will be further reduced from the overall situation.

However, the current price regulation can not be taken lightly. There is also some uncertainty in the future price trend.

In 2011, China's CPI increased by 5.4% over the previous year, exceeding the expected target of 4% around the beginning of the year.

Wang Jun, Vice Minister of consulting and Research Department of China International Economic Exchange Center, said that this indicates that China is facing the pressure of relatively mild inflation for a long time. The pressure of labor cost, resource price and other cost push will exist in a longer period of time.

There is still a big uncertainty about imported inflation factors.

According to Wang Jun analysis, although the global economic downturn has reduced demand for commodities in general, the strong US dollar is also good for lowering commodity prices. However, uncertainties such as Iran's geopolitical factors make oil prices still likely to soar. China's import inflationary pressure is full of uncertainty.

"Looking forward to 2012, the overall price increase will be lower than that in 2011.

But the pressure of cost push will continue for a long time. Stabilizing prices is still an important task. "

Peking University national economic accounting center researcher Cai Zhizhou said.

Selling stocks is not as good as selling old newspapers.

Yesterday, the data released by the National Bureau of statistics showed that the total CPI level in 2011 increased by 5.4% over the previous year.

This is not only higher than the 4% target set at the beginning of the year, but also engulfing the money dream of almost all investors.

In 2011, if you invest ten thousand yuan in silver, after you remove the inflation factor and exchange rate factor, the loss will be 2040 yuan; if you buy gold, the loss will be 219 yuan; if you invest in Shanghai A shares, you will have only 7292 yuan left in the end, and these have not yet calculated the paction cost.

If investors do not buy anything and deposit money for a year, ten thousand yuan will lose 190 yuan.

In fact, the Chinese people have been holding interest rates for 22 months, that is, the one-year fixed interest rate for 22 consecutive months, which is lower than the CPI (commonly known as price) increase in the same period.

Some netizens jokingly say that last year's stock market was not as good as selling newspapers, with an annual yield of 14.4%.

"My mother told me yesterday that she had subscribed two newspapers at the beginning of the year, which cost 180 yuan," a netizen said on micro-blog yesterday.

By the end of the year, the two newspapers sold waste paper for a total of 206 yuan, with an annualized yield of 14.4%.

This is much higher than bank deposit rates and CPI gains.

It is estimated that even speculation will not be higher than this yield.

Invest in newspapers! "