China:time to double-digit growth of PPI?

Today, the National Bureau of Statistics said china’s PPI of July (The producer price index) is rose 10%.It is the highest since 1996.I think this trend will exacerbate the trend of rising prices.Because there have a lag effect that the rose conduction from PPI to CPI,I guess  maybe it will happened after 2008 Olympic games.In china,many people can’t earn more than 2 U.S dollar per day,So I hope the goverment will help these poor people,and not let CPI continue keep so high for too long.