国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

CPI for October eases slightly

By XIN ZHIMING/WANG YANFEI | China Daily | Updated: 2018-11-10 07:08
Share
Share - WeChat
Shoppers select fruits at a supermarket in Lianyungang, Jiangsu province, Sept 10, 2018. [Photo/Xinhua]

China's consumer inflation growth eased in October due to cooling domestic demand and a high base last year, officials said on Friday.

Analysts said with the index expected to continue to moderate, it will not affect the country's monetary easing this year.

The consumer price index growth was 2.5 percent last month, unchanged from September, the National Bureau of Statistics said.

But in month-on-month terms, CPI growth slowed to 0.2 percent from 0.7 percent in September.

The results are attributable to falling food prices, said Sheng Guoqing, a senior official at the bureau.

Energy prices were the main contributor to consumer inflation growth last month, Sheng said.

"The easing of consumer inflation is not surprising," according to the Bank of China International. The CPI is expected to continue to weaken in the remainder of the year, it said.

Securities firm Nomura said China's inflationary pressure remains "mild and contained".

It said that China's consumer inflation may remain mild-at 2.1 percent-for the whole of 2018 on average.

China set a CPI growth control target of 3 percent for this year in March. In 2017, real CPI growth was 1.6 percent.

Previously, the market had shown concern about surging consumer inflation, coupled with slowing economic growth. But the October CPI result shows that such worries were overblown, the Bank of China International said.

Nomura said: "We …believe contained inflation will not affect Beijing's policy easing agenda.

"Investors should keep an eye on developments around African swine fever, but risks to headline inflation from other factors-floods in Shouguang, Shandong province, skyrocketing rents in Beijing, renminbi depreciation and escalating China-US trade tensions-are overdone."

Growth of China's factory-gate inflation or producer price index slowed for the fourth month in October, standing at 3.3 percent, as a result of cooling domestic demand for raw materials and a relatively high base in the same month last year.

Xinhua contributed to this story.

Contact the writers at xinzhiming@chinadaily.com.cn

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
莲花县| 和平区| 大化| 丹江口市| 滦平县| 呼和浩特市| 仁寿县| 宁南县| 平罗县| 青神县| 新郑市| 灵璧县| 肥城市| 喀喇沁旗| 麻阳| 南华县| 新乡县| 舟山市| 关岭| 改则县| 龙里县| 清流县| 德惠市| 神池县| 黔西县| 文成县| 贵定县| 沾化县| 平泉县| 平原县| 塔城市| 瑞金市| 平罗县| 黄山市| 开阳县| 新干县| 南木林县| 于都县| 怀远县| 宜阳县| 沅江市|