CCTV9英语新闻：中国四月的通胀数据发布
时间：2014-05-11 11:17:27
（单词翻译:单击）
The consumer price index actually fell below the key 2-percent level, coming at 1.8-percent--it was also below expectations. The last time CPI was this low, was 18 months ago. Month-on-month, CPI declined 0.3% from March, after having already fallen half a percentage point from February. So why is CPI so tame? Cheaper vegetables and pork. Vegetable prices were 7.9% LOWER than last year, due to warmer weather. Meanwhile China’s staple1 meat pork also DECLINED 7.2% year-on-year. These two items have dragged CPI down by nearly half a percentage point.
Meanwhile non-food items added 1.6%. While consumer prices moderate, downward price pressures for producers continue --PPI falling for a staggering 26 months in a row. PPI for April is down 2-percent, following March’s drop of 2.3-percent. Most
analysts2 expect the PPI to remain in negative territory in the coming months. This is reinforcing
speculation3 that the government may soon bring in new
stimulus4. As we know, moderate inflation can help boost consumer spending..... but falling prices encourage consumers to put off spending and companies to delay investment, both of which act as brakes on growth.
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