China"s consumer price index (CPI) continued to rise, but has slowed down since March. Although the country"s producer price index (PPI) scored new highs for months, international commodity prices fell substantially. But the Gross Domestic Product deflator, another important index which measures the change in prices of all new, domestically produced, final goods and services in an economy, indicates that the CPI"s slowdown has not yet brought any relief from inflation in the country. Will China soon see the end of inflation, or was it just a breather before another inflationary peak? The 21st Century Business Herald, a business newspaper published semiweekly, interviewed Huo Deming, an economics professor at the China Center for Economic Research at Peking University, for some insights.

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