2. 职称英语
  3. A The CPI surged 8.7 percent in February year on year, the highest ris

A The CPI surged 8.7 percent in February year on year, the highest ris

游客2025-05-29  1
问题     A  
    The CPI surged 8.7 percent in February year on year, the highest rise for this key inflation figure in over a decade. The February figure was 1.6 percentage points higher than that of January. Normally, a 3-percent growth of CPI is regarded as inflation. The CPI growth rate cast a shadow over the Chinese economy and put the government in a tight spot. The government could continue to take monetary measures such as jnterest rate hikes，but it would be against the international trend of interest rate cuts since the global economy has been on the recession track due to the U.S. subprime mortgage crisis. Further rate hikes would draw in speculative currency, which might lead to problems such as liquidity.
    B  
    The consumer price index(CPI), the barometer for inflation, grew 7.7 percent in May year on year, 0.8 percentage points lower than that in April, according to the National Bureau of Statistics(NBS). It came as no surprise for financial institutions that the CPI dropped in May month on month, as food price, a major trigger for this round of inflation, dropped considerably thanks to an abundant summer supply. There is no quick fix yet to cure inflation. But Song Guoqing, economics professor of Peking University, stated the most efficient and simple way to control inflation is to control money supply. He called on the central bank to strictly reinforce stringent monetary policy to resolve inflation pressure.
    C  
    The consumer price index(CPI), the barometer for inflation at the retail level, grew 6.3 percent in July year on year. The year-on-year growth rate slowed compared with the CPI’s 7.1-percent growth rate in June. But month-on-month growth accelerated 0.1 percentage point from June to July. Inflation pressure also gained momentum after dropping in May and June. Food prices, which account for one third of the CPI basket and are considered as a major trigger of this round of inflation, rose 14.4 percent in July.
    D  
    "Combating inflation" ceased to be the government’s priority as the consumer price index (CPI)growth rate continued to drop. Instead, the government has switched the focus of the country’s macro-control policies to "maintain growth" against the backdrop of the global economic downturn. In September, the CPI grew 4.6 percent year on year. but fell 0.3 percent. age points compared with that of August. The CPI growth rate dropped for five consecutive months, demonstrating that government efforts to cap runaway inflation were paying off. Economists expect inflationary pressure to continue to ease in the fourth quarter.
    E  
    The consumer price index(CPI), the barometer of inflation, was down 0.3 percent in October compared with that of September. The National Bureau of Statistics(NBS)said the CPI’s year-on-year growth in October was 4 percent, the lowest growth rate in 17 months. The government has made "reinina in infiation" its top economic priority since the middle of last year, when citizens were hit with soaring costs of living. Afterwards, six rounds of interest rate hikes and other measures to cool the economy paid off as economic growth slowed amid the global financial turmoil. [br] Lots of countries in the world have cut interest rate because of the global economic recession.
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答案 A
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