Rising Global Inflation and Consumer Prices in the People’s Republic of China

Publication | July 2021

This note analyzes the potential impact of global inflation and rising commodity prices on consumer prices in the People's Republic of China (PRC) and offers policy recommendations.

It explains that the risks of spillover from higher global inflation and commodity prices to inflation in the PRC seem limited. However, possible transmission channels include further rises in commodity prices and a shift in inflation expectations in the PRC. The note provides policy recommendations on minimizing inflation transmission channels and containing inflationary expectations.

Contents 

  • Introduction
  • Inflationary Spillovers
  • Inflation in the PRC: Main Determinants, Trends, and Prospects
  • Policy Recommendations

Additional Details

Type
Series
Subjects
  • Economics
  • Public administration, economic affairs, and policy
Countries
  • China, People's Republic of
Pages
  • 14
Dimensions
  • 8.5 x 11
SKU
  • BRF210279-2
ISBN
  • 978-92-9262-970-0 (print)
  • 978-92-9262-971-7 (electronic)

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