Arab Today, arab today chinas june cpi growth to remain flat
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

China's June CPI growth to remain flat

Arab Today, arab today

Arab Today, arab today China's June CPI growth to remain flat

China's CPI growth expected
Beijing - XINHUA

An upcoming release of official economic data for June will show that China's inflation eased again last month, analysts have forecast.
With food prices remaining stable due to abundant supply, there is also consensus among experts that the trend will continue in the second half of the year.
June's Consumer Price Index (CPI), a main gauge of inflation, will probably show a year-on-year increase of 2.4 percent, slightly down from 2.5 percent in May, said a report from the Bank of Communications (BoCom). The estimate was echoed by other financial institutions ahead of the official release of the June CPI figure on July 9.
Huang Jun, an analyst with China Merchants Securities, attributed the falling CPI growth to the summer harvest, which laid a foundation for the stable price. Food prices account for a weighting of around one third in the calculation of CPI in China.
Food prices stayed flat last month. Prices of vegetable, meat and aquatic products dropped slightly at the end of June, according to data from the Ministry of Commerce and the National Bureau of Statistics.
Other prices included in the CPI's calculation are also unlikely to have pressed on inflation. Prices of gasoline and diesel increased mildly after June 23, while growth in house rent was sluggish amid China's cooling property market.
Lian Ping, chief economist of the BoCom, predicted China's CPI growth will retreat in the second half, citing stable pork prices, shrinking home transactions and limited influence from loosening liquidity.
Lian expects a CPI growth of 2.2 percent year on year in the second half, bringing the full-year rate to 2.2 percent, which will be down from 2.6 percent in 2013.

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 chinas june cpi growth to remain flat Arab Today, arab today chinas june cpi growth to remain flat

 



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 chinas june cpi growth to remain flat Arab Today, arab today chinas june cpi growth to remain flat

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
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: أسواق مالية
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
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