1. Text: | Print|

      China's June CPI growth to remain flat

      2014-07-03 08:10 Xinhua Web Editor: Qin Dexing
      1

      An upcoming release of official economic data for June will show that China's inflation eased again last month, analysts have forecast.

      With food prices remaining stable due to abundant supply, there is also consensus among experts that the trend will continue in the second half of the year.

      June's Consumer Price Index (CPI), a main gauge of inflation, will probably show a year-on-year increase of 2.4 percent, slightly down from 2.5 percent in May, said a report from the Bank of Communications (BoCom). The estimate was echoed by other financial institutions ahead of the official release of the June CPI figure on July 9.

      Huang Jun, an analyst with China Merchants Securities, attributed the falling CPI growth to the summer harvest, which laid a foundation for the stable price. Food prices account for a weighting of around one third in the calculation of CPI in China.

      Food prices stayed flat last month. Prices of vegetable, meat and aquatic products dropped slightly at the end of June, according to data from the Ministry of Commerce and the National Bureau of Statistics.

      Other prices included in the CPI's calculation are also unlikely to have pressed on inflation. Prices of gasoline and diesel increased mildly after June 23, while growth in house rent was sluggish amid China's cooling property market.

      Lian Ping, chief economist of the BoCom, predicted China's CPI growth will retreat in the second half, citing stable pork prices, shrinking home transactions and limited influence from loosening liquidity.

      Lian expects a CPI growth of 2.2 percent year on year in the second half, bringing the full-year rate to 2.2 percent, which will be down from 2.6 percent in 2013.

      Comments (0)
      Most popular in 24h
        Archived Content
      Media partners:

      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 羞羞的视频在线免费观看| 亚洲中文字幕日产乱码高清app| 国产精彩免费视频| 大地资源中文在线观看免费版| 曰批免费视频播放免费| 国产精品亚洲综合| 疯狂做受xxxx高潮视频免费| 春暖花开亚洲性无区一区二区 | 日韩精品免费一级视频| 18女人毛片水真多免费| **aaaaa毛片免费同男同女| **俄罗斯毛片免费| 妻子5免费完整高清电视| 国产麻豆视频免费观看| 国内一级一级毛片a免费| 国产麻豆剧传媒精品国产免费| 午夜免费福利在线| 免费人成视网站在线观看不卡| 亚洲Av无码乱码在线观看性色| 国产精品亚洲mnbav网站 | 国产AV无码专区亚洲AWWW| 亚洲熟妇无码乱子AV电影| 亚洲乱亚洲乱妇无码麻豆| 久久亚洲免费视频| 亚洲免费视频观看| 亚洲乱亚洲乱妇无码| 美女又黄又免费的视频| 中文字幕在线免费播放| 91成人在线免费视频| 一个人看www在线高清免费看 | 久久精品无码专区免费| 暖暖在线视频免费视频| 麻豆视频免费观看| 国产精品无码一区二区三区免费| 亚洲AV中文无码乱人伦在线视色| 亚洲人成无码网站| 亚洲国产成a人v在线| 理论亚洲区美一区二区三区| 国产va免费观看| AV无码免费永久在线观看| 四虎永久精品免费观看|