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China Inflation Rate May Slow to 5.6% in October, Shenyin Says

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Oct. 28 (Bloomberg) -- China’s inflation rate may ease to 5.6 percent this month as gains in food prices slow, according to Shenyin & Wanguo Securities Co.

Industrial output is likely to grow 13.4 percent in October, slowing from a gain of 13.8 percent a month earlier, Meng Xiangjuan and Li Huiyong, analysts at the brokerage, wrote in a report today. The government is unlikely to further tighten policies as growth and inflation ease, it said.

To contact the editor responsible for this story: Allen Wan at awan3@bloomberg.net

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