久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Economy

Mild inflation creates room to boost economy

By Wang Yanfei (China Daily) Updated: 2016-07-11 09:27

A mild rise in consumer inflation and a smaller drop in wholesale prices in June leave ample space for more stabilization measures to prop up growth, economists said.

The consumer price index, a main gauge of inflation, rose 1.9 percent in June year-on-year, and declined by 0.1 percentage points in June compared with the previous month, official data showed, remaining below the annual target set by the central government of around 3 percent.

The producer price index, which measures changes in wholesale prices, registered a 2.6 percent drop year-on-year in June, which is smaller than the 2.8 percent drop in May.

Zhou Jingtong, a senior economist with the Institute of International Finance, a think tank under the Bank of China, attributed the easing CPI to a mild month-on-month increase in food prices, which weigh heavily among goods used to calculate consumer inflation.

Food prices went up 4.6 percent in June, compared with a 5.9 percent increase in the previous month.

However, Zhou said recent heavy floods in southern China will lead to an increase of vegetable and grain prices, which will push up inflation in the short run.

"Floodwaters are expected to bring a major impact to the inflation of July and August, but it would not affect the year-round data," said Zhou, who predicted that the whole year's inflation will remain moderate.

The National Development and Reform Commission, the nation's top pricing regulator, pledged on Sunday to intervene if necessary in areas hardest hit by floods to ensure prices are basically stable.

Eased inflation pressure leaves space to create a relatively relaxed monetary policy in the second half of the year, given that economic pressure is likely to still exist, according to Ren Zeping, chief investment strategist with Guotai Junan Securities Co.

"More growth-stabilizing measures are needed in the third quarter to ensure that the economy will grow within a reasonable range," said Ren, referring to the central government's economic growth target of 6.5 to 7 percent for this year.

Qu Hongbin, chief economist with HSBS Holdings, said in a research note on Sunday that the government should take more measures to boost confidence of entrepreneurs at a time when domestic demand remains weak.

"Although industrial product prices rebounded consecutively in the past couple of months, business confidence remaining in the doldrums would drag down the improvement of PPI," Qu said.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 两性午夜视频 | 精品国产区一区二区三区在线观看 | 成人午夜视频在线观看 | 美女日韩在线观看视频 | 日本免费一区二区三区视频 | 另类视频欧美 | 欧美18在线| 99久久国产综合精品2020 | 日本免费一区二区三区看片 | 欧美精品一区二区三区视频 | 久草视频福利在线观看 | 新版天堂中文资源8在线 | 超级碰碰碰视频视频在线视频 | 久久精品国产一区二区三区不卡 | 国产亚洲精品久久综合影院 | 亚洲国产高清视频在线观看 | 欧美日本一区二区三区 | 夜色爽爽 | 亚洲成人综合在线 | 久久国产精品久久久久久久久久 | 天堂在线亚洲 | 亚洲精品人成在线观看 | 美女被免费网站视频软件 | 67194午夜 | 日本 欧美 国产 | 在线毛片观看 | 日本a级毛片视频播放 | 欧美不卡在线视频 | 国产一区第一页 | 成人区精品一区二区不卡亚洲 | 成年视频在线 | 一级毛片无毒不卡直接观看 | 在线视频免费观看a毛片 | 久草在线视频免费看 | 可以免费看黄的网址 | 三级网站在线免费观看 | 成人午夜视频在线观看 | 久久99亚洲精品久久久久网站 | 正在播真实出轨炮对白 | 国产制服 国产制服一区二区 | 日产一一到六区网站免费 |