Despite worries about possible inflation, experts say China should only expect a "moderate" growth in its consumer prices this year. due to the rise in grain prices since last October. Qi Jingmei, a senior economist with the State Infornlation Centre. said the country's consumer price index, a key inflation gauge, is likely to rise 3% this year. Zhang Liqun, a senior researcher with the State Council's Development Research Centre. said the country's CPI could grow as high as 5% during the first quarter.
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