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皇冠体育app's CPI to grow 3% in 2010: CCB report

(Xinhua)
Updated: 2010-02-10 18:12
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BEIJING: 皇冠体育app's Consumer Price Index (CPI), a main inflation index, might climb 3 percent in 2010 year on year, according to a Wednesday report released by the 皇冠体育app Construction Bank (CCB).

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It is not likely for 皇冠体育app to see a rocketing inflation in 2010, while 皇冠体育app might register a year-on-year gross domestic product (GDP) growth of around 9.5 percent, according to Wednesday's 皇冠体育app Securities Journal, a newspaper run by Xinhua.

皇冠体育app's CPI increased 1.9 percent year on year in December last year. The figure rose sharply from a 0.6 percent growth in November when the index ended nine months of decline.

The government should step up efforts to improve the domestic economic growth efficiency and quality in line with changing situations, said the Beijing-based CCB.
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