论文部分内容阅读
央行18日意外宣布上调存款准备金率50个基点至创历史记录的20.0%,这表明近期决策层对通胀与流动性重归充裕的忧虑大过对经济增长放缓的担心。国际方面,利比亚战乱、日本强震以及因此引发的核电站泄露将在中长期推升传统能源价格,加剧全球通胀压力,从而增加了我国输入型通胀压力。分析人士指出,本轮通胀呈现“供给冲击”混合“成本推动”的新特征,这一特征将加强通胀惯性,延长CPI增速高位运行的时间。
The central bank unexpectedly announced on the 18th raised the deposit reserve ratio by 50 basis points to a record 20.0%, indicating that recent concerns about inflation and liquidity regained the decision makers over the concerns over the slowdown in economic growth. Internationally, the war in Libya, the strong earthquake in Japan and the resulting nuclear power plant leaks will push up the prices of traditional energy sources in the medium and long term, exacerbating global inflationary pressures and thus increasing the pressure of input-type inflation in our country. Analysts pointed out that the current round of inflation presents a new feature of “supply shock ” hybrid “cost push ”, a feature that will strengthen inflation inertia and prolong the period of high CPI growth.