NDRC Says No General Inflation Happening

iFeng: 发改委：物价水平将保持在合理区间 不会出现全面上涨的“通胀”情况

In recent times, due to the impact of heavy rainfall and low temperature and other unfavorable weather, vegetable prices in some regions have experienced periodic fluctuations; due to the transmission of prices of energy products such as coal and bulk raw materials, prices of some regions and some daily consumer goods have also appeared to be certain. The rate rose. However, compared with the general price increase in other major economies in the world, my country's price level is generally within a controllable range.

Relevant interviewed experts said that China’s supply of important livelihood commodities is sufficient. The prices of coal and other energy resources have fallen sharply recently, and the prices of some raw materials have also fallen significantly. They have the confidence, confidence, and ability to maintain the overall stable operation of domestic prices, and there will be no comprehensive price changes. There is absolutely no need to worry about the rising "inflation" situation, and compared with the intensified international inflation, China is the "ballast stone" and "stabilizer" of the global price level. Looking ahead, international inflationary pressure will continue for a while. Time, and China’s overall price level will remain within a reasonable range.

On November 7, Qinhuangdao Port had 5.39 million tons of coal, an increase of nearly 1.5 million tons from the end of September. As coal production continues to increase, Qinhuangdao port stock has steadily increased. As an important coal transit base and market weather vane, the continuous increase in coal storage provides strong support for ensuring downstream demand, and also reflects the obvious improvement in the coal supply and demand situation

CNA: China's daily coal output stabilises at 12 million tonnes, state planner says

The fall in coal prices has pushed down prices for steel, aluminium, pulp, PVC and coal chemical products, and pricing pressure on those raw materials has eased, Zhu, a deputy director of NDRC's Department of Prices, said in the report, which the commission reposted.