According to Hongkong economic daily, CICC released a report that the mainland residents were estimated to be driven by rising food prices in May. Consumer price The index (CPI) will reach 5.6%, reaching a 34 month high. In June, CPI will probably exceed 6%.

The market expected that the central bank would be in the past Dragon Boat Festival holiday. Increase interest But there has been no action yet. There is an analysis that interest rates will rise at the fastest time this weekend. Liu Mingkang, chairman of the China Banking Regulatory Commission, also stated to the outside world that if asset bubbles and inflationary pressures continue to increase, they should respond. Stagflation Situation, countries may be forced to enter the interest rate channel.