Inflation set to ease in a few months

Inflation is likely to ease in the next couple of months, central bank governor Zhou Xiaochuan has said.

He did not rule out the possibility of an increase in the interest rate.

Inflation could ease in the summer months because "we've got a good harvest, and some supply policies have started bearing results," Zhou said on Sunday on the sidelines of the annual general meeting of the Bank for International Settlements in Basel, Switzerland.