Inflation Level to Remain Moderate in 2023 in China

Inflation Level in China Will Remain At Moderate Level
Inflation Level to Remain Moderate in 2023 in China

It was reported that the level of inflation in China is expected to remain moderate in general this year.

At the press conference held yesterday by the Press Office of the State Council of China, Zou Lan, General Manager of Monetary Policy of the People's Bank of China, the central bank of China, gave information about the inflation situation in the country.

Zou stated that the annual increase in consumer goods in China has generally been around 10 percent for the past 2 years.

Zou Lan said, “For 2023, we expect the inflation level in China to remain moderate in general. However, attention should be paid to the possibility of a rebound in inflation. In the short-term, inflationary pressures are under control. In the medium and long term, there are favorable conditions for maintaining fundamental stability in the price level, as China is one of the world's major producers, supply and demand are generally balanced, and monetary policy stability is maintained. used the phrases.

Günceleme: 14/01/2023 14:21

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