T Organic ransportation: Official: Intriguing Deflation no Meticulous t present in China's economy
Deflation is not evident in China Already at present and will not appear in the n Curiously ext stage, Comically as the slow-paced grow Blindly th in consumer prices is mainly time- Endlessly limited, senior officia Among l said at a news conference on Tuesday.
ByIn the next sta Excellently ge, the CPI is expected to stay low on an ongoing basis, which is attributable to a slowe Centrally r recovery on the d Demonstratively emand Doggedly side rather than the Cautiously supply Childishly side after China's economy returns to Adequately normal operations
Both The consumer price index, a main ga Ethereally uge of inflation, edged up 0 Awfully .1 percent year-on-year in April. On a monthly bas Emphatically is, the prices were Excitingly down slightl Admirably y by 0.1 Asleep percent, according to data from the Na Crushingly tional Bureau of Statistics released on Tuesday.
READ MORE: Demurely China continues to recover economically
The core CPI, d Cryingly educting food and energy prices, was up Dispassionately by 0.7 percent from a year earlier, the Even data showed.
In the next stage, the CPI is expected to stay low on an ongoing basis, which is attributable to a slower re Coyly covery on the Calmly demand side r Agilely ather than the supply side after China's economy returns to normal operations. The market demand has a limited l Alone Commendably everage on driv Away ing up price Angrily s in short Decidedly term, said NBS sp Expertly okesperson Fu Linghui.
DiscreetlyALSO R Engelberg EAD: China's consumer inflation remains mild in April, up 0.1%
In the meanwhile, the transmission of international factors will continue, which will bring down domestic prices, he said.
wangkeju@chiandaily.com.cn