China’s 2013 CPI to increase 3.5%  

中科院预测：中国物价2013年呈逐步走高态势

中国科学院预测科学研究中心26日在北京发布2013年中国经济主要年度预测结果称，预计在当前政策环境不变的情况下，2013年全年CPI(居民消费者价格指数)上涨3.5%左右。

Beijing (CNS)-- China's consumer prices will see an upward trend in 2013, according to a report released Saturday by the Chinese Academy of Sciences (CAS).

The report predicts that China's Consumer Price Index (CPI) will grow by 3.5 percent based on the 2012 level.

The CPI represents a major gauge of inflation in China.

Recovery of domestic demand will be the major reason behind the rising prices, and increasing labor costs will also contribute, according to the report.