谨慎近义词:央行调息何日能止?

来源：环球时报 评论

A woman chooses from vegetables in a supermarket in Yichang, Hubei Province, Friday. Consumer price index rose to a 32-monthhigh in March, the National Bureau of Statistics announced Friday. Photo: CFP

图为一女士在周五湖北益阳市的一家超市选购蔬菜。国家统计局在星期五宣布，三月份消费者物价指数创32 个月来新高。(图片来源CFP)1

China's consumer price index surged to its highest in almost three years in March, signaling the possibility of further policy tightening moves from the government to help rein in inflation as economic growth slowed slightly in the first quarter.

中国的消费者物价指数在三月份飙升至三年内最高，暗示未来政府可能采取紧缩政策来抑制通货膨胀，因为经济增长速度在第一个季度稍微慢了下来。

GDP increased by 9.7 percent in the first quarter from a year earlier, the National Bureau of Statistics (NBS) announced Friday.

国家统计局宣布第一季度国内生产总值（GDP）比去年同期增长了9.7%。

The figure was down from 9.8 percent in the fourth quarter of 2010 but ahead of expectations of 9.4 percent growth in a forecast report released Monday by the China Center for International Economic Exchange. 

这个数字比2010年第四季度的9.8%有所下降，但是高于周一国际经济交流中心发布的9.4%的预期。

Meanwhile, the consumer price index (CPI), a major gauge of inflation, rose by 5.4 percent in March from a year earlier, the NBS said. 

同时，国家统计局指出，消费者物价指数（CPI），通货膨胀的一个主要标准，在三月份较去年同期上升了5.4%。

The figure is up from 4.9 percent in February and the highest since July 2008.

这个数字较二月份的4.9%有所上升，是2008年7月份以来最高值。

Food prices, which account for one-third of the basket of goods used to calculate China's CPI, surged 11 percent year-on-year. There were also signs of a broadening of inflationary pressures, with non-food inflation accelerating to 2.7 percent. Housing costs jumped 6.5 percent.

菜篮子商品用来计算CPI，而占其中三分之一的的食品价格较上年同期上涨了11%。也有迹象表明通胀压力的扩大，因为非食品的膨胀也增长到2.7%，住房成本更是飙升至6.5%。

Analysts say the data released Friday showed that China's economy is still very robust despite the central bank's tightening policy, which many economists had feared might hinder growth.

分析学家说周五发布的数据显示中国经济仍然强劲，尽管中央银行缩紧了政策且多数经济学家担心此举可能会妨碍发展。

"Our overall assessment is that economic growth is stable and robust, but inflation pressure is elevated, though definitely not out of control," Ting Lu, an economist with Bank of America-Merrill Lynch, said in a research note e-mailed to the Global Times on Friday.

“我们全部的评定结果是经济增长稳定、强健。通胀压力虽然肯定不是无法控制，但是也升高了。”美国银行美林证券公司经济学者，陆挺，在周五发给环球时报的调查研究记录上说。

He expected the next inflation peak to be in June at between 5.5 and 6 percent.

他估计下一次通胀高峰将在六月份出现，为5.5%到6%之间。

Signs that economic growth was still holding up despite tighter policies and mounting inflationary pressure would likely give the authorities confidence and leeway to continue tightening monetary policy, analysts said. 

分析学家认为，尽管有较紧的政策和不断攀升的通胀压力，经济仍在增长 。这些迹象可能会给当局信心并将继续采取紧缩的货币政策。

鲁政委，上海兴业银行首席经济学家，在接受环球时报采访时说：“毫无疑问政府将继续从紧的货币政策并会在这一点上更积极。”

He predicted that the central bank would raise the reserve requirement ratio for banks again, possibly as soon as this weekend.

他预测最快可能这周，中央银行会再次提高准备金率。

"There will be another two or three rate hikes in the remainder of the year and the reserve requirement ratio for banks may rise to 23 percent from the current 20 percent," he added.

他补充道，“在今年剩下的时间里可能有两到三次加息，并且银行的准备金率可能从现在的20%上调至23%”

Premier Wen Jiabao said Wednesday that keeping price levels basically stable was the most pressing of the government's macro-economic measures this year.

温家宝总理在周三说维持物价水平基本稳定是政府今年宏观经济措施最紧迫的任务。

The government aims to keep the full-year growth target of CPI at 4 percent.

政府目标是保持CPI在4%的全年经济增长目标。

中央银行在4月6号将一年期存贷款基准利率分别提高了0.25个百分点。这是年内第二次上调，不到六个月内的第四次。

To mop up excessive liquidity in the market and ease inflationary pressure, the central bank also raised banks' reserve requirement ratios last month by 50 basis points, ordering China's major banks to keep a record high 20 percent of their deposits in reserve.

为了结束过多的市场流动，减轻通胀压力，央行也在上个月将银行准备金率上调了50个基准点，要求各大银行保持高达20%的存款准备金纪录。

Market reaction was subdued Friday, largely because the numbers had been reportedly leaked one day ahead of their official release.

周五，市场的反应平平，主要因为据报道这个消息在官方发布前一天已经泄漏了。

The NBS said it would punish those responsible for leaking the economic data after they confirmed the figures circulating online matched the economic indicators.

在证实网上流出的数据与经济指标匹配之后，国家统计局表示将严惩泄漏数据的相关人员。