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China consumer prices to rise 4 pct in Dec.

01-05-2012 12:10 BJT

BEIJING, Jan. 5 (Xinhua) -- China's inflation rate may rise 4 percent in December from a year earlier, driven by higher food prices in the upcoming festive season, experts said Thursday.

Food prices, especially of vegetables, have been rising recently due to seasonal factors, while prices of other products are making smaller gains, the China Securities Journal cited Chu Jianfang, chief economist with CITIC Securities, as saying.

Chu estimated that consumer prices in December will expand 4.1 percent year on year, down 0.1 percentage point from November.

Editor:Zhang Hao |Source: Xinhua

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