1. Text: | Print|

      China's inflation growth forecast to drop

      2014-07-07 13:08 Xinhua Web Editor: Qin Dexing
      1

      An upcoming release of official economic data is likely to show that the consumer price index (CPI), the main gauge of inflation, might moderate to a growth between 2.3 and 2.4 percent in June, down from 2.5 percent in May, economists have predicted.

      A median forecast by the Bank of Communications (BOCOM) on Monday said the CPI probably grew 2.4 percent in June.

      BOCOM analyst Tang Jianwei said food prices, which account for around one third of the weighting in CPI calculation, were generally stable last month, and prices of vegetables, meat and sea products began dipping in the latter half month of June.

      The forecast is the same as one made by the Agricultural Bank of China (ABC). ABC economist Fan Junlin also said inflation probably grew by 2.3 percent in the first half of 2014.

      Government data on June inflation as well as the producer price index is due on Wednesday.

      Economists predict that inflation will continue with a tempered growth rate in the next half of the year. Whole-year inflation is expected to fall short of 2.5 percent.

      Given that inflation remains well under control, analysts said this will leave room for the government to further ease monetary policies in the coming months.

      "I think macroeconomic policies will further relax in the second half of the year. Fiscal policies will be made more active with an eye to boosting growth as well as restructuring," said Zhou Jingtong, a senior analyst at Bank of China.

      Zhou also predicted central bank policies will become more flexible and targeted, and it might also expand cuts in reserve requirement ratios for certain banks.

      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: 免费人成大片在线观看播放| 亚洲另类无码一区二区三区| 亚洲国产成人精品久久| 亚洲va在线va天堂va手机| 国产成人精品亚洲日本在线| 亚洲AV成人无码网天堂| 香蕉国产在线观看免费| 永久免费AV无码网站国产| 69视频在线观看免费| 女人让男人免费桶爽30分钟| 亚洲国产婷婷香蕉久久久久久| 亚洲高清国产AV拍精品青青草原| 亚洲国产精品久久网午夜| 色偷偷亚洲第一综合| 免费无码又爽又刺激网站直播| 亚洲免费视频播放| 国产免费久久精品久久久| 久久亚洲国产午夜精品理论片| 亚洲成AV人综合在线观看| 亚洲av成人一区二区三区观看在线| 中国一级特黄的片子免费 | 免费国产a国产片高清网站| 国产成人亚洲综合无码| 亚洲一区二区中文| 99久久国产亚洲综合精品| 美女被免费网站91色| 成人免费视频77777| 亚洲欧洲日产国码一级毛片| 亚洲福利一区二区精品秒拍| 国产天堂亚洲国产碰碰| 一级毛片全部免费播放| 四虎影视永久免费观看| 亚洲国产成人私人影院| 国产精品亚洲综合天堂夜夜| 久久国产免费一区| 国产午夜免费秋霞影院| 亚洲精品456在线播放| 亚洲一区二区三区免费| 色婷婷7777免费视频在线观看 | 亚洲国产婷婷综合在线精品| 亚洲日韩乱码中文无码蜜桃臀 |