三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Economy

Low inflation marks weak growth

By Xin Zhiming (China Daily) Updated: 2016-08-10 08:26

Factory prices fall 1.7 percent from a year ago; expert calls for further monetary policy support

Inflation remained low in July, with a slight drop in factory prices, indicating that economic growth remains weak and the country still needs to relax its monetary policy to help the corporate sector and jazz up economic activity, analysts said.

The consumer price index rose 1.8 percent in July from a year earlier, compared with 1.9 percent in June, according to the National Bureau of Statistics on Tuesday. It matched with the January reading, the lowest this year.

Low inflation marks weak growth

Consumer inflation has remained well below China's target of around 3 percent in 2016, despite concerns that severe summer flooding, which has disrupted public infrastructure and agricultural production, would increase inflationary pressures.

Food prices rose by 3.3 percent in July, compared with 4.6 percent in June. Pork prices rose by 16.1 percent, down sharply from a 30.1 percent increase in June, as demand cooled.

Vegetable prices dropped by 4.3 percent year-on-year in July, indicating that the seasonal floods hitting many parts of the country this summer did not disrupt normal vegetable supplies, said Liu Dongliang, an analyst at China Merchants Bank.

The producer price index, which gauges factory-gate prices, fell 1.7 percent in July year-on-year, compared with a fall of 2.6 percent in June, the NBS said.

Economists generally predicted that the PPI may turn positive this year for the first time in more than four years.

"It could happen by the end of this year and the whole-year PPI reading may be minus 2.4 percent," said Lian Ping, chief economist at Bank of Communications.

Low consumer price inflation allows policymakers some room to loosen monetary policy in order to boost growth, but they seem to be divided over the necessity of taking such a move for fear of further pushing up asset bubbles and causing more debt problems.

"Despite the slight improvement in the price situation, growth-stabilizing policies should continue to be rolled out, given the heavy economic downturn pressure, weak private sector confidence, cooling real estate market and sluggish foreign demand," said Qu Hongbin, chief economist of HSBC Greater China.

The corporate sector still needs the boost from looser monetary policy and there is a growing possibility of a cut in the required reserve ratio, or the proportion of money commercial banks are required to hold as reserves, Liu said.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产精选一区 | 毛片免费观看的视频在线 | 日高千晶在线观看 | 欧美视频在线观看免费精品欧美视频 | 国产欧美一区二区三区视频 | 日韩三级小视频 | 一级国产特黄aa大片 | 麻豆传煤一区免费入 | 国产女人性做爰视频 | 美女扣下面流白浆丝袜 | 自由xxx色视频18 | 欧美另类亚洲 | 国产国产精品人在线观看 | 亚洲第一在线 | 成年人快播| 嫩草影院在线播放www免费观看 | 色午夜婷婷 | 久草在线免费资源站 | 成人啪啪97丁香 | 综合久久99 | 国产精品极品 | 亚洲成年人影院 | 日本免费的一级绿象 | 久久久不卡国产精品一区二区 | 欧美黄色性视频 | 国产在线麻豆精品观看 | 亚洲精品一区二区深夜福利 | 中文字幕欧美一区 | 亚洲精品aⅴ一区二区三区 亚洲精品aⅴ中文字幕乱码 | 视频一区二区在线播放 | 高清波多野结衣一区二区三区 | 亚洲在线视频免费观看 | 精品欧美激情在线看 | 国产精品黄页在线播放免费 | 综合久久久久6亚洲综合 | 欧美日韩性视频一区二区三区 | 精品国产免费一区二区 | 久久久久久91香蕉国产 | 国产99re在线观看只有精品 | 国产freexxxx性播放麻豆 | 岛国毛片在线观看 |