Arab Today, arab today china under little inflationary pressure in h2
Last Updated : GMT 14:21:59
Arab Today, arab today
Arab Today, arab today

China under little inflationary pressure in H2

Arab Today, arab today

Arab Today, arab today China under little inflationary pressure in H2

China's July inflation
Beijing - XINHUA

China's July inflation was within market expectation, indicating little inflationary pressure for China in the second half year, HSBC chief China economist Qu Hongbin said on Sunday.
China's consumer price index (CPI), a main gauge of inflation, grew 2.3 percent year on year in July, the same as a month earlier, according to official data published on Saturday.
The inflation data in July were in line with market expectation, as survey data have been suggesting that consumer inflation was relatively stable, Qu said in an email.
The downturn in the housing market put additional downward pressure through residence-related inflation, although so far this has been offset by higher fuel cost, and core inflation, including food and energy, remained subdued, Qu said.
"We see little risk of an inflation overshoot in the second half. This is because the weakness in core inflation suggests that end demand is still quite weak...Inflation will likely remain anchored below the official target of 3.5 percent," Qu aid.
In breakdown, food inflation was still the main driver, the same as that in June, up 3.6 percent year on year, slightly lower than 3.7 percent in June, according to Qu.
Within non-food inflation, fuel inflation went up 4.7 percent year on year in July, lower than 5.2 percent in June.
Meanwhile, house-related inflation moderated to 2 percent year on year from 2.2 percent in June, as rent inflation fell further to 2.8 percent from 3.2 percent in June.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china under little inflationary pressure in h2 Arab Today, arab today china under little inflationary pressure in h2

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china under little inflationary pressure in h2 Arab Today, arab today china under little inflationary pressure in h2

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday