新常态下如何防止低通胀演变为通货紧缩  

How to Prevent Low Inflation from Developing into Deflation in the New Normality

作　　者：王宏伟[1] 牛发亮[1] 

机构地区：[1]中国社会科学院数量经济与技术经济研究所

出　　处：《中州学刊》2016年第2期29-32,共4页Academic Journal of Zhongzhou

摘　　要：当前我国物价持续低位运行,CPI与PPI出现史上最长的背离现象,国内关于是否进入通货紧缩的争论此起彼伏。就业、收入、消费、CPI和PPI构成等多角度的数据表明,当前国内处于低通胀阶段,没有进入通货紧缩时期,物价低位徘徊既有良性因素也有不利因素,但通货紧缩的风险不容小觑,需要高度警惕。须采取创新宏观调控方式,实施物价区间管理、加强定向调控等一系列针对性的政策建议,以防止低通胀演变为通货紧缩。Continued low inflation and record-long diversion of CPI and PPI has led to a frenzy of debate whether the Chinese economy is in deflation. An overview of employment,income,consumption and the composition of CPI and PPI figures indicate that low inflation instead of deflation is the case in China. While inflation hovering low offers both positive and negative implications,deflationary risks deserve heighted attention. It is advised that an array of macro-economic policy measures and innovations,including rangebased CPI regulation and reinforced targeted macro-policy measures,should be adopted lest low inflation slides down to deflation.

关 键 词：通货紧缩 价格区间 定向调控 

分 类 号：F015[经济管理—政治经济学]