"Pork price is the main factor affecting CPI while flood and epidemic now only have an impact on some areas of China and mainly impact logistics," Liu Ying, a research fellow at the Chongyang Institute for Financial Studies at Renmin University of China, shared with CGTN.Bai agreed that the impact of flood disasters and epidemics is limited and temporary, further explaining "the Xinfadi wholesale market in Beijing is just one of the distribution centers of agricultural products, not the production area. Despite inflation risks, China’s central bank has slowly picked up its tempo of policy easing since late last month by cutting key Chinese rates, suggesting Beijing is keen to push ahead with lowering financing costs across the curve. For the full year of 2019, China is aiming for a CPI target of around 3%. and Representative of World Food Program China Office Mr. Qu Sixi in China On the afternoon of July 9，Mr. Core CPI for December grew 1.4% on-year, the same pace as the preceding month. "But I think at present, the main reason for the return of PPI of China lies in the improved domestic demand, such as the implementation of infrastructure projects. In the first half of the year, a lot of crude oil was imported thanks to the low international prices. Fresh vegetable prices rose by 4.2 percent, while the prices of fresh fruit and eggs fell by 29.0 percent and 15.8 percent, respectively.In the first half of the year, CPI rose by 3.8 percent compared to the same period last year. However, as the economy recovers, the recovery of PPI is inevitable," Bai said. The gains were again fueled by a surge in pork prices as African swine fever ravaged the country’s hog herds. "For example, the prices of major raw materials and commodities are relatively low. A customer pays a vendor at a market in Beijing, China, March 25, 2016. Climbing consumer prices are adding to the headaches of policymakers who are racing to meet Beijing’s annual growth target as the world’s second-largest economy slows to the lower end of a 6%-6.5% range for 2019. CHINA APRIL PPI -3.1% Y/Y (REUTERS POLL -2.6%). December consumer inflation was still driven largely by a continued surge in pork prices. However, core CPI for November remained benign at 1.4%, down from 1.5% in the previous month. Index performance for China CPI YoY (CNCPIYOY) including value, chart, profile & other market data. Milder price deflation was partly supported by a recovery in petroleum, coal and other fuel processing industries, the NBS said in a statement. However, core inflation - which excludes food and energy prices - stayed largely subdued. The data arrived as follows: China CPI / PPI. “The month-on-month CPI saw a big drop in November and food price inflation might be ‘a spent bullet’. Overall consumer inflation will likely trend down from Q2 next year,” said Wang Jun, chief economist at Zhongyuan Bank in Beijing. For the full year of 2019, China is aiming for a CPI target of around 3%. “We forecast CPI will surge above 5% in January but the inflation will see a significant fall in the second half of this year due to increasing pork supply,” said Niu Li, economist with the State Information Center. China has rolled out a series of measures to support growth, including reductions in market interest rates, but the government has insisted it will not resort to “flood-like” stimulus, however. Among them, the prices of the oil and gas extraction industry rose by 38.2 percent in June; the prices of the oil, coal and other fuel processing industries rose by 1.7 percent; the prices of ferrous metal smelting and rolling processing industries increased from flat to 1.9 percent.Although PPI declined three percent in June year on year, the drop narrowed down by 0.7 percentage points compared to the previous month.In the first half of the year, PPI fell by 1.9 percent compared with the same period last year. ""We expect CPI inflation to inch up to 2.7 percent year on year in July as the supply shock of the recent flooding in South China may more than offset the high base in July last year," Nomura Securities denoted in the latest research report.PPI inflation could rise to -2.7 percent year on year in July, owing partly to the recent rebound in global oil prices and a low comparison base in July 2019, it further elaborated.Copyright © 2020 CGTN. Beijing ICP prepared NO.16065310-3Copyright © 2020 CGTN. It rose 2.8% in the January-November period. Meanwhile, China's producer price index (PPI), which measures costs for goods at the factory gate, fell 3.0 percent from a year earlier, lower than the 3.2 percent contraction tipped by analysts in a survey by Bloomberg.According to the National Bureau of Statistics (NBS), pork prices increased by 3.6 percent, reverted from a decline of 8.1 percent last month, affected by the tighter supply of pork due to factors such as the slower slaughter of live pigs and stricter requirements for epidemic prevention deployment and reduced imports. In contrast, the producer price index (PPI), seen as a key indicator of corporate profitability, fell 0.5% from a year earlier, data showed. Beijing and Washington are negotiating a first phase trade deal aimed at de-escalating their trade dispute but they continue to wrangle over key details.

Reeta Chakrabarti Parents, Rory Best Wedding, Laura Wilson Photography, Taylormade Spider Counterbalance Putter, Chand Mubarak 2019, John Annie Baker Amazon, Samsung Galaxy A01 $130 At Amazon,