USEUROPEAFRICAASIA 中文双语Français
Home / Goings On

Inflation still high at 8.5% in April

By Wang Xu | China Daily | Updated: 2008-05-13 07:49

China's consumer inflation surged to 8.5 percent year-on-year in April, highlighting the difficulty of realizing the government's annual target of 4.8 percent.

The April reading was up from March's 8.3 percent but only slightly lower than February's 12-year record high of 8.7 percent. The inflation rate for the first four months of 2008 stood at 8.2 percent.

It will be difficult for China to keep inflation at less than 4.8 percent this year, the target Premier Wen Jiabao announced in March, National Bureau of Statistics (NBS) Chief Economist Yao Jingyuan said at a forum on Sunday.

Inflation still high at 8.5% in April

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US