Coming September economic data indicating stagnation

National Bureau of statistics the morning of October 14 published macro-according to the September national overall consumer price level rose 6.1%, rose 0.5 per cent, rising food prices 13.4%. September CPI just under 6.2%,CPI rise for August fell for two consecutive months. In this regard, a number of experts expressed their views on the Tencent microblogging.
The Central Bank should no longer continue to tighten
Zhao Qingming of experts on international financial company on Twitter pointed out that, from September CPI data, accelerate price increases speed, needed central banks continue to tighten liquidity. But from the current domestic economy particularly SMEs operating difficulties appear in varying degrees, as well as the worsening international economic environment, confidence is low, the Central Bank should no longer continue to tighten.
Trend monetary policy cannot therefore loose
Price situation far less optimistic than expected. Graduate School of Chinese Academy of social sciences, Tsinghua University, Dr postdoctoral Guan Qingyou (microblogging) made at the Tencent microblogging per cent gain more meaningful to determine the short-term price trend. September CPI up 6.1% than 6.2% per cent in August from slightly down, but the link remains of September CPI up 0.5%. And cannot therefore towards easing of monetary policy, but relying on credit to control inflation would enable SMEs to control its. Enterprise structural tax cut, while improving income subsidies for vulnerable groups.
Stagflation signals coming
Agricultural Bank Senior Economist He Zhicheng Tencent on Twitter said high inflation the maximum power does not come from money. He Zhicheng think inflation is long cycle phenomenon, is the inevitable result of rising agricultural prices. Decline in exports, it showed the economy cools. Are stagflation signals.
The a-share market is still difficult for big rally
Current securities Vice President, Chief Strategist for Cao w-d (microblogging) in Tencent on Twitter suggested that September inflation data still do not appear to accelerate callback trend, but top down trend strengthened. On the premise of monetary policy remains unchanged, the a-share market will remain difficult to have a big rally, macro data need to wait for October.