Lian Ping: Inflation and Macro-Leverage Ratio

lian ping: The situation is mainly due to the fact that the prices of international crude oil and commodities have decreased, and investment demand and consumer demand remain weak, according to Global Times China. These factors make the risk of inflation low, Lian Ping, chief economist from Bank of Communications, said in a note sent to the Global Times. Photo VCG There's a low chance of inflation in China this year and although the producer price index PPI may increase in the first quarter of the year, it may eventually taper off later, an expert said on Saturday. Meanwhile, the central bank has vowed to avoid a flooding of liquidity and will maintain a stable macro-leverage ratio, making inflation less possible, he added. The year-on-year increases in the CPI and PPI both narrowed in December, indicating weak demand and insufficient industrial production, Lian said. Figures from the National Bureau of Statistics NBS showed that the consumer price index CPI in December rose by 1.9 percent year-on-year, a decrease of 0.3 percentage points from the previous month, and the PPI rose by 0.9 percent year-on-year, 1.8 percentage points lower than in the previous month. (news.financializer.com). As reported in the news.