日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Markets

Consumer prices stay flat in October

By Chen Jia (China Daily) Updated: 2014-11-11 08:56

China's consumer inflation hovered around 1.6 percent in October, the lowest pace since January 2010, suggesting weak growth momentum and expectations that policymakers may roll out more measures to prop up growth.

The Consumer Price Index, a main gauge of inflation, remained more or less flat at the level seen in September, but still down from the 2 percent in August, the National Bureau of Statistics said on Monday.

Consumer prices stay flat in October

Food prices increased by 2.5 percent year-on-year in October, compared with 2.3 percent growth in September, contributing the most to the headline inflation. Non-food prices rose 1.2 percent in October, compared to 1.3 percent in September.

Weak domestic demand and declining oil prices have led to the low inflation, said Yu Qiumei, a senior economist at the NBS. During the first 10 months of the year, annual inflation grew by 2.1 percent year-on-year, much lower than the government's 3.5 percent full-year target.

A research note from Nomura Securities said that the subdued inflation in October reflects a soft start to the fourth quarter. The Japanese brokerage had expected policymakers to cut the bank reserve requirement ratio by 50 basis points at the start of the fourth quarter, to support the economic growth rebound to 7.6 percent from 7.3 percent during the third quarter.

In October, the Producer Price Index fell by 2.2 percent from a year ago, compared to a drop of 1.8 percent in September and further widened the deflation risks, the NBS said. The PPI has fallen consecutively for 32 months since March 2012.

"Falling commodity prices and worsening overcapacity in upstream industries due to the ongoing property market correction could be major factors for the PPI deflation," the Nomura research note said.

JP Morgan China Chief Economist Zhu Haibin said that the returning deflation pressure on industrial prices is consistent with the decline in the manufacturing PMI input price components, as global commodity prices remained weak in recent months.

He said the central bank may continue to adopt the current approach of monetary easing in unconventional ways, such as providing stable liquidity to guide lower market interest rates, using targeted RRR cuts and monetary instrument innovations to support certain sectors, and controlling overall credit growth but using regulatory measures to change credit components, with the objectives to improve credit support to the real economy.

Consumer prices stay flat in October Consumer prices stay flat in October
China's September PPI down 1.8%   Weak inflation makes more room for policy change

 

 

 

 

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 男人天堂视频在线 | 高h在线观看 | 天堂社区av | 成人在线免费av | 日韩精品第一页 | 秋霞成人午夜鲁丝一区二区三区 | 91碰| 免费特级毛片 | 肉大捧一出免费观看网站在线播放 | 成人a在线观看 | 免费毛片一级 | 一级成人毛片 | 成人高清视频免费观看 | 国产精品久久99 | 日韩欧美一区二区三区久久婷婷 | 一区二区三区在线免费 | 欧美一级淫片免费视频黄 | 亚洲日本va | 日韩一区二区三区在线观看视频 | 国产日韩综合 | 午夜资源 | 日本www视频在线观看 | 国产乱人乱偷精品视频a人人澡 | 国产精品久久久久久亚洲影视 | 日本黄色小视频在线观看 | 伊人久久精品一区二区三区 | 中国大陆高清aⅴ毛片 | 成人自拍视频在线观看 | 国产一二三区在线 | 欧美性生活一级片 | 一区二区三区日韩视频 | 欧美亚洲日本国产 | 蜜桃传媒av| 欧美一级淫片免费视频黄 | 九九热视频在线播放 | 一级欧美一级日韩片 | 在线免费看毛片 | 国产美女激情 | 日本黄页网站免费大全 | 欧美日韩国 | 亚洲成人动漫在线观看 |