无码少妇一区二区三区免费,妓院一钑片免看黄大片,国语自产视频在线,亚洲AV成人无码国产一区二区,激情久久综合精品久久人妻,日韩免费毛片,综合成人亚洲网友偷自拍,国内自拍视频在线观看,欧美熟妇性xxxx交潮喷,国产成人精品一区二免费网站

Economic Watch: China's inflation quickens as economy firms

Source: Xinhua| 2019-05-09 17:10:59|Editor: ZX
Video PlayerClose

BEIJING, May 9 (Xinhua) -- China's consumer prices rose to the highest level in six months while inflation at the factory gates also quickened, reinforcing the view that economic growth is firming up and putting the central bank's policy in focus.

The consumer price index (CPI), the main gauge of inflation, grew 2.5 percent year-on-year in April as tighter supplies of vegetables, pork and fruit drove up food prices, according to data from the National Bureau of Statistics (NBS).

The reading, in line with market expectations, accelerated from the 2.3-percent gain in March and 1.5-percent in February. On a monthly basis, consumer prices edged up 0.1 percent, compared with the 0.4-percent drop seen a month earlier.

Food prices, which account for nearly one-third of the weighting in China's CPI, went up 6.1 percent year on year.

Prices of vegetables and fruit went up 17.4 percent and 11.9 percent respectively, from the same period last year.

Affected by African swine fever, the stocks of hogs and breeding sows in China fell sharply, which put upward pressure on pork prices. In April, pork prices rose 14.4 percent year on year, driving a rise of 0.31 percentage points in the CPI growth.

Wang Junxun, an official with the Ministry of Agriculture and Rural affairs, said earlier that pork prices would continue to trend upwards, with hog prices likely to smash through the record high seen in 2016 in the fourth quarter.

Growth in pork prices is expected to exceed 70 percent from the previous year in the second half of the year based on expert estimates.

In a research note on the data, Asian financial service group Nomura said it expected the rapid spread of African swine fever to push up pork prices by another 40 percent over the next six months.

It forecast headline CPI growth to breach above 3 percent in some months this year, but said the inflation rise would impose little pressure on the central bank monetary policies as the annual inflation could still be at around 2.5 percent, well below the government target of 3 percent.

The producer price index, which measures inflation at the factory gate, also improved, rising 0.9 percent year-on-year last month after notching its first acceleration in nine months in March, which showed improving market demand.

The data provides fresh evidence that China's economy is stabilizing on government's slew of supporting policies.

On the monetary front, the central bank has continued to use structural tools rather than an across-the-board stimulus to lift the economy. It announced Monday that it would apply a relatively low reserve requirement ratio for some small and medium-sized banks to help cash-strained small businesses.

Looking ahead, Nomura expects the government to undertake further easing to bolster confidence and stabilize growth.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001380459261
99久久久国产精品无码免费| 精品国产乱码久久久久夜深人妻| 四虎永久免费精品视频| 高级黄区18勿进视频免费| 久久精品人人做人人爽电影 | 国产男女猛烈无遮挡免费视频网址| 免费99精品国产自在在线| 她也色tayese在线视频| 97se色综合一区二区二区| 国产av一区二区三区综合| 亚洲大色堂人在线视频| 国产av一区二区亚洲| 国产三级在线播放视频| 欧日韩在线不卡视频| 亚洲欧美一区二区三区蜜芽| 精品久久国产| 四房播色综合久久婷婷| 日本高清视频网站www| 92国产福利午夜757小视频| 久久精品嫩草研究院| 国产精品nv在线观看| 中文字幕亚洲综合小综合在线| 野外做受三级视频| 少妇人妻精品一区二区| 人妻少妇精品中文字幕| 中文字幕一区日韩精品| 97精品人妻系列无码人妻| 中文一区二区视频| 女被啪到深处gif动态图| 99热成人精品国产免国语的| 久久麻豆精亚洲av品国产精品 | 男人猛躁进女人免费播放| 国产成人AV男人的天堂| 91美女视频在线| 91久草视频| 无码无遮挡在线观看免费| 久久天天躁夜夜躁狠狠综合| 久久综合伊人77777| 7878成人国产在线观看| 久久亚洲人成网站| 亚洲色欲在线播放一区二区三区|