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Economists Survey Raises 2021 CPI Forecast To 4.9%

                                  Nov   Oct   Sep   Aug   Jul   Jun   May   Apr
-------------------------------------------------------------------------------
Total CPI                         1.7   1.9   1.6   1.8   1.4   1.5   1.5   1.2
Year-to-date                      1.5   1.5   1.5   1.5   1.4   1.4   1.4   1.4
Month-on-month                    0.0   0.1   0.5   0.4   0.1  -0.2  -0.1   0.1
Urban CPI                         1.8   1.9   1.7   1.9   1.5   1.7   1.7   1.3
Rural CPI                         1.5   1.7   1.4   1.5   1.0   1.0   1.1   0.8
Food                             -1.1  -0.4  -1.4  -0.2  -1.1  -1.2  -1.6  -3.5
Non-food                          2.5   2.4   2.4   2.3   2.0   2.2   2.3   2.4
Food, Tobacco & Alcohol          -0.2   0.3  -0.4   0.4  -0.1  -0.2  -0.5  -1.8
Clothing                          1.2   1.2   1.3   1.3   1.4   1.4   1.3   1.3
Residence                         2.8   2.8   2.8   2.7   2.5   2.5   2.5   2.4
Household Articles and Services   1.5   1.5   1.4   1.3   1.1   1.1   1.0   0.8
Transportation & Communication    1.3   0.8   0.5   0.7  -0.2   0.1   1.1   1.8
Recreation & Education            2.0   2.3   2.3   2.5   2.5   2.5   2.6   2.6
Health Care                       7.0   7.2   7.6   5.9   5.5   5.7   5.9   5.7
Other Articles and Services       1.7   1.8   1.4   1.4   1.3   2.8   2.9   3.4
     All figures year-over-year % changes unless otherwise specified
     Note: The National Bureau of Statistics adopted a new weighting and items
in its CPI basket starting January 2016. MNI China Data Table is adjusted
accordingly to reflect this change. Old data series starting 2015 going backward
no longer applies in the new table.
     Source: National Bureau of Statistics of China
--MNI Beijing Bureau; +86 (10) 8532-5998; email: iris.ouyang@marketnews.com
--MNI BEIJING Bureau; +1 202-371-2121; email: john.carter@mni-news.com
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