男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

chinadaily.com.cn
left corner left corner
China Daily Website

China's PPI down 2.9% in July

Updated: 2012-08-09 10:02
( Xinhua)

BEIJING -- China's Producer Price Index, a main gauge of inflation at the wholesale level, fell 2.9 percent in July from a year earlier, the National Bureau of Statistics said Thursday.

The data marked the fifth straight month of decline after China's PPI saw a drop in March for the first time since December 2009, NBS data showed.

On a month-on-month basis, the country's PPI for July moved down 0.8 percent, the NBS said in a statement on its website.

China's PPI down 2.9% in July

In July, producer purchase prices shed 3.4 percent year-on-year and 0.8 percent on a monthly basis, the NBS said.

In the first seven months of the year, the PPI went down one percent year-on-year, while producer purchase prices lost 0.8 percent, it said.

The NBS also announced Thursday that China's consumer price index, a key gauge of inflation, grew 1.8 percent year-on-year in July, the slowest pace since February 2010.

China's PPI down 2.9% in July 
Qu Hongbin, chief economist at HSBC China and co-head of Asian Economic Research at HSBC, said the data suggests that China's real economy, especially industrial enterprises, are facing increasing deflationary pressure.

"The decline of the PPI has highlighted the grim facts of sluggish market demand, shrinking business orders and continuing destocking," he said.

Liu Yuhui, a researcher with the Chinese Academy of Social Sciences, said weak demand will be followed by narrower profits, which will in turn affect investment and employment.

"Policymakers should place more attention on downward pressure in the real economy," Qu said, adding that easing inflation will offer more room for policy fine-tuning.

In a report released last Sunday, the central bank said it will strengthen the fine-tuning of its monetary policy in the second half of the year and improve its credit policies to shore up the development of the real economy.

 

Producer purchase?prices in China

Rain-triggered farm produce price rise continues
System to price rare earths
China likely to raise fuel prices in Aug
Spot iron ore prices hit 8-month low
Steel prices face downward pressures
Land transfer prices increase
Imported iron ore prices flat on sluggish demand
Thermal-coal price in longest losing streak since 2008
China to adopt progressive water pricing

Related Stories

China's PPI down 2.1% in June 2012-07-09 10:04
China's PPI down 1.4% in May 2012-06-09 10:08
China PPI down 0.7% in April 2012-05-11 10:07
China's PPI down 0.3% in March 2012-04-09 10:02
...

...
...
主站蜘蛛池模板: 凤城市| 蓬溪县| 武陟县| 威海市| 玛多县| 龙泉市| 贞丰县| 射洪县| 永丰县| 扶沟县| 临邑县| 宝丰县| 阳泉市| 黄骅市| 宣化县| 乐东| 乌鲁木齐县| 灯塔市| 化隆| 隆林| 隆德县| 余庆县| 遂溪县| 垦利县| 姜堰市| 姚安县| 鄢陵县| 广平县| 西贡区| 安阳市| 静宁县| 邵阳市| 东丰县| 托里县| 灵宝市| 德惠市| 马尔康县| 封丘县| 和静县| 常州市| 西安市|