Rising Food Prices Pushed Up CPI&Nbsp; Stabilizing Prices And Combining Fist Effects.

With prices

According to the latest monitoring data from the Ministry of agriculture, market quotations for major agricultural products such as soybeans, corn, wheat, rice, potatoes, flour and other products in the whole country have increased to zero for several consecutive days.

The national development and Reform Commission announced that the regulation and control measures have achieved initial success, and vegetable and cotton prices have dropped.

The Ministry of commerce also revealed that the price of edible agricultural products dropped for the first time in nearly six months.

On the eve of the November macroeconomic data coming out and the central economic work conference, 3 experts from the central policy research institutions of the Central Party School of the CPC, the State Council Development Research Center and National School of Administration will analyze the current situation of managing inflation expectations and assume responsibility for next year. It is agreed that if we stabilize the price or stabilize the price, we can stabilize the people's minds and stabilize the economic outlook.

Rising food prices pushed up CPI

In the upcoming November macroeconomic data, consumer price index (CPI) still affects all nerves.

It is expected that this number may continue to create a new high, according to the agency.

Experts believe that in this round of inflation, food prices rise, is a direct fuse.

Ba Shu song, deputy director of the Financial Research Institute of the development research center of the State Council, said that the price increase was directly driven by the price rise of agricultural products.

Although our CPI has reached 4.4, the overall price level is relatively stable if the grain price rises are deducted.

In our CPI statistics, food prices account for 1/3 of CPI.

Ding Maozhan, deputy director of the Research Office of National School of Administration, also believes that this year's price increase has exceeded the goal of macro-control at the beginning of this year. The social response is very strong. The most important reason is that the price of agricultural and sideline products is too large, which is a structural rise.

Rice bags and basket are related to every family, especially low-income families. People are particularly sensitive.

At the same time, the agriculture and sideline industry is an industry that relies on heaven for food, and it is easy to cause problems.

Therefore, agriculture can not be a problem. We must put agriculture in the most important position, ensure that every policy of agricultural benefit is not reduced, ensure agricultural production and income increase, and ensure that the prices of agricultural and sideline products are basically stable.

Agriculture is stable, prices are stable, the whole economy is stable, and the country is stable.

There is no need to worry too much about rising prices.

Faced with the rising consumer price index, Han Baojiang, deputy director of the Economics Department of the Party School of the CPC Central Committee, believes that there is no need to worry too much.

Although there are many natural disasters this year, spring is dry in the South and floods in the Northeast in summer.

Han Baojiang said that despite the pressure of rising prices, there is no need to worry too much.

Agricultural production has increased steadily this year, with a total output of more than 1 trillion Jin, and the basic situation of supply and demand of agricultural and sideline products is relatively balanced.

The price of grain is stable, and the price regulation of agricultural and sideline products has achieved initial success.

The average price changes of main foods in 50 cities released by the Statistics Bureau showed that vegetables such as Chinese cabbage, rape, celery and cucumber decreased by 7.4% to 11.8% in mid November, compared with the middle of November.

Ding Maozhan said that the price problem is the most risky issue.

Over the past years, the scale of monetary investment has been too large. The annual rate of increase and the growth rate of new loans are far greater than the growth rate of GDP. At present, M2 input is almost 2 times the size of GDP. So much money is hanging on the head. If residents expect problems, they will have problems.

In response to the financial crisis, the scale of investment has been bigger and faster in recent two years. The growth of new loans last year was close to 100%.

Inflation is always a monetary phenomenon. The number of tickets is much higher. The rate of issuing tickets is faster than that of economic growth, and prices must rise.

He believes that the reason why prices have not become particularly serious in recent years is because of the support of the fast growing economy and people's confidence in the national economic development.

The tiger is locked in the cage.

But hanging on the head is not a way to solve this risk.

The way to resolve risks is first to reduce money supply. This is a way to cure this problem. Through several years' efforts, we can gradually resolve this risk.

Secondly, we must ensure supply, do not have a shortage of commodities, and let the people have confidence in the economy.

Of course, if we can bring money to the stock market, it can be regarded as a good pitional way.

Ensuring economic growth is equally important.

After the outbreak of the financial crisis, in order to stimulate the economy, China has been implementing a moderately loose monetary policy. Last year and this year, the amount of money has been increased. However, a large amount of money has also brought a side effect, that is, the rapid rise in prices.

Ba Shu song believes that in order to cope with the financial crisis, the growth rate of credit delivery in 2009 and 2010 was still quite fast, and in 2009, 9 trillion and 590 billion yuan was put into operation, with a target of 7 trillion and 500 billion yuan in 2010.

This growth rate is relatively high in history.

It is generally said that inflation is still a monetary phenomenon.

A large amount of money and credit will eventually be reflected in prices.

As a result, the central bank raised the deposit reserve rate two times in November, and also used the means of raising interest rates.

Han Baojiang analysis said that precisely because of this, monetary policy will return to moderate direction from moderate easing next year.

He said that from the perspective of future financial policy, it is also an inevitable requirement to change from the past positive fiscal policy and moderately loose monetary policy to prudent fiscal policy and prudent monetary policy.

In addition to the central bank's tight pocketbook, Ding Maozhan, deputy director of the National School of Administration's research office, said that ensuring economic growth is also crucial.

Ding Maozhan believes that China's current price control measures have a positive effect on palliative and permanent cure.

He said that the current measures to control inflation and manage inflation expectations are very important because they affect people's feelings and expectations.

Food prices can be controlled, people's confidence is more sufficient, and the market is relatively stable.

Housing prices can really hold back the momentum of growth, and people's minds are much more realistic and optimistic about the prospects of the economy.

So long as our production can ensure adequate supply, that is, supply exceeds demand, then even if the money supply is large, the people will not take money out of the bank, so the inflationary pressure will be greatly reduced.