China Confident of Hitting 3% Consumer Inflation Target in 2016
China Confident of Hitting Inflation
Beijing - QNA
China is confident of reaching its official consumer inflation target of around 3% this year, the country's top economic planner said on Tuesday.
The National Development and Reform Commission (NDRC) said in an online statement that the average growth of consumer inflation in the second half of 2016 will ease from the first six months. It added that declines in the producer price index (PPI) will also ease in the second half of this year.
The consumer price index (CPI) rose 1.8% in July from a year earlier, compared with a 1.9% increase in June, and matching this year's low hit in January. The producer price index (PPI) fell 1.7% in July from a year ago, smaller than June's 2.6% decline.
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Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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