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Inflation rise 'on the horizon'

By Chen Jia | China Daily | Updated: 2013-01-21 07:56

GDP growth to remain the same but prices may go up: think tank

Growth levels will remain about the same in 2013 but inflation is likely to rebound moderately, according to economists at the government's leading think tank.

GDP growth will stay at 2012 levels, about 7.8 percent, and the Consumer Price Index, a main gauge of inflation, may go up from 2.6 percent in 2012 to 4 percent, said Yu Bin, the director of macroeconomic research at the State Council Development Research Center.

Inflation rise 'on the horizon'

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