1. Text: | Print|

      China's August PPI down 1.2 pct

      2014-09-11 10:10 Xinhua Web Editor: Qin Dexing
      1

      China's producer price index (PPI), which measures inflation at wholesale level, dropped 1.2 percent year on year in August, the National Bureau of Statistics (NBS) said on Thursday.

      The PPI declined for a 30th straight month and at a faster pace than the previous month, confirming pressure from slowing economic growth.

      The PPI dropped 0.9 percent from a year ago in July, down from 1.1 percent in June and 1.4 percent in May.

      Factory prices of production materials declined 1.7 percent in August, contributing 1.3 percentage points to the PPI drop, while factory prices for consumer goods gained 0.2 percent, data showed.

      Yu Qiumei, senior statistician of the NBS, attributed the decline to price falling for a series of industrial products and material. Prices of crude oil and oil products ended a rising streak and started falling in August, while prices of coal, steel, concrete and cement remained on a losing track.

      Bucking the trend, producer prices in 30 sectors rose on a month-on-month basis. Prices in food processing and medicine production increased in August, with non-ferrous metal smelting climbing for a fourth straight month.

      In the first eight months, the country's PPI dropped by 1.6 percent year on year, unchanged with the Jan.-July period, the data showed.

      Yu said the market will continue to have a grim outlook as overcapacity still weighs on industrial product prices.

      China's economy expanded 7.4 percent year on year in the first half of 2014, showing strong resilience after a disappointing start to the year.

      Premier Li Keqiang on Wednesday also said China can meet its major economic goals this year and that policymakers will not be distracted by short-term fluctuations of individual indicators.

      The data came along with the release of the consumer price inflation index, which eased to 2 percent in August. 

      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: 亚洲国产理论片在线播放| 亚洲精品国产日韩无码AV永久免费网| 亚洲一区二区三区乱码A| 亚洲天然素人无码专区| 大陆一级毛片免费视频观看| 国产亚洲精品影视在线| 夜夜爽免费888视频| 亚洲精华国产精华精华液网站| 午夜dj免费在线观看| 亚洲hairy多毛pics大全| 日本高清色本免费现在观看| 亚洲最大AV网站在线观看| 成人网站免费大全日韩国产| 国产亚洲精品无码成人| 色欲色香天天天综合网站免费 | 久久一区二区三区免费播放 | 国产成人精品日本亚洲网址| 18禁成年无码免费网站无遮挡| 亚洲乱亚洲乱妇无码| 亚洲精品人成无码中文毛片| 日本高清不卡aⅴ免费网站| 亚洲av成人无码久久精品| 亚洲三级高清免费| 亚洲成AV人影片在线观看| 亚洲精品无码成人片在线观看| a级毛片免费完整视频| 亚洲av无码国产综合专区| 无码AV动漫精品一区二区免费| 99久久久国产精品免费无卡顿| 456亚洲人成在线播放网站| 国产又大又粗又硬又长免费| 久久久久久亚洲av成人无码国产| 1000部禁片黄的免费看 | 免费的黄色的网站| 亚洲AV无码乱码国产麻豆| 欧美男同gv免费网站观看| 一区二区三区AV高清免费波多| 久久精品国产亚洲av麻豆| 午夜免费福利网站| 免费成人在线视频观看| 亚洲欧洲av综合色无码|