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

Business / Macro

Subdued price levels point to more policy easing

(Xinhua) Updated: 2015-01-09 10:23

Subdued price levels point to more policy easing

Consumers shop in a supermarket in Xuchang city, Central China's Henan province, Dec7, 2014. [Asianewsphoto by Geng Guoqing]

BEIJING - China's consumer inflation remained weak in December while price declines at the factory gate level continued to deepen, suggesting weakness in the world's second-largest economy but will create space for policy makers to take easing measures.

Growth in the consumer price index (CPI), the main gauge of inflation, rebounded to 1.5 percent in December from November's 1.4 percent, its slowest increase since November 2009, the National Bureau of Statistics (NBS) said Friday.

On a monthly basis, December's CPI edged up 0.3 percent against the previous month, reversing the downward trend experienced since September.

This small pick-up in December's consumer inflation was mostly driven by food prices, said Chang Jian, Barclays chief China economist.

Food prices, which account for about one-third of the CPI calculation's weighting, rose 2.9 percent from a year ago in December, compared to 2.3 percent the previous month.

Growth in non-food prices, however, fell to a 56-month low of 0.8 percent, led by falling transportation and housing costs, Chang said.

China's consumer prices grew 2 percent in 2014 from one year earlier, well below the government's 3.5 percent target set for the year. It was also below the 2.6 percent growth registered in 2013.

Producer price index (PPI) slumped 3.3 percent in December from one year earlier, the sharpest fall in more than two years, and the decline deepened from November's 2.7 percent fall.

Tumbling oil and other commodity prices have extended the run of producer-price declines to a record 34 months.

PPI fell 1.9 percent year on year in 2014.

The easing inflationary pressure will give the central bank more room to initiate measures to support growth.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
沾益县| 南通市| 五峰| 裕民县| 定日县| 中牟县| 潞城市| 察雅县| 霞浦县| 青河县| 淄博市| 凤城市| 余庆县| 多伦县| 沙洋县| 西乡县| 柳河县| 伊川县| 浪卡子县| 浙江省| 耒阳市| 湘西| 宿州市| 西昌市| 新疆| 饶河县| 常宁市| 同德县| 商都县| 抚顺县| 射阳县| 太湖县| 宁阳县| 徐闻县| 汉源县| 伊宁县| 南宫市| 卢龙县| 和林格尔县| 石渠县| 曲水县|