久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

US EUROPE AFRICA ASIA 中文
Business / Economy

Cooling inflation prompts calls for easing policies

(Xinhua) Updated: 2015-11-10 17:21

Cooling inflation prompts calls for easing policies

Residents in Fuyang, Anhui province, buy vegetables at a market on July 9, 2015.[Photo/China Daily]

BEIJING - China's consumer inflation came in weaker than expected in October while prices at factory gates fell for a 44th straight month, fuelling calls for more monetary easing and fiscal stimulus to combat deflationary pressures.

The consumer price index (CPI), the main gauge of inflation, grew 1.3 percent year on year in October, the National Bureau of Statistics (NBS) said on Tuesday.

The reading, much lower than the market forecast of around 1.5 percent, slowed from the 1.6-percent gain in September and 2 percent in August. On a monthly basis, consumer prices edged down 0.3 percent.

Average CPI inflation in the first 10 months of 2015 came in at 1.4 percent year on year, which is much lower than the government target of around 3 percent.

NBS statistician Yu Qiumei attributed the slowdown to falling pork and vegetable prices due to ample supplies. Food prices, which account for nearly one-third of the weighting in China's CPI, declined 1 percent from a month earlier.

In evidence of prolonged weakness in aggregate demand, the country's producer price index (PPI), which measures wholesale inflation, plunged 5.9 percent year on year last month, the 44th straight month of decline.

The figure will stay in negative territory in the foreseeable future as upstream industries are still battling overcapacity and demand for industrial goods will slow due to structural change in the economy, Minsheng Securities said.

The PPI and the CPI are interrelated, as the PPI reflects prices in production, while the CPI reflects prices at the point of consumption. Price fluctuations usually first appear in the production link and are then passed on to consumers.

"The Tuesday data underscored significant deflationary pressures in China, which allows no delay for further easing policies," HSBC analyst Qu Hongbin said.

To combat the economic slowdown, the central bank has cut benchmark interest rates six times in the last 11 months and lowered banks' reserve requirement ratio five times in the last nine months.

Although China's nominal loan rates have dropped along with the cuts, real interest remains high considering the low inflation, Minsheng Securities said, stressing the need for further rate cuts to reduce firms' financing costs.

In addition, the U.S. Federal Reserve's likely move to raise interest rates next month increased pressure on China to reduce bank reserve requirement ratios to offset possible draining in their reserves, Minsheng Securities said.

Despite the chorus of calls for easing, China's central bank last week warned against injecting "too much liquidity" into the economy, which would mean China's policy focus will gradually shift from monetary to fiscal policies, Minsheng analysts believe.

Dragged down by the property downturn, industrial overcapacity, sluggish demand and struggling exports, China's economy expanded 6.9 percent year on year in the third quarter of 2015, the lowest reading since the second quarter of 2009, but in line with the government target of around 7 percent.

China's 13th five-year plan has set a target of maintaining medium-high growth for the 2016-2020 period.

Although no official numerical targets have been offered, President Xi Jinping said recently that annual growth of 6.5 percent would be required for China to achieve its target to "complete the building of a moderately prosperous society" by 2020.

Hot Topics

Editor's Picks
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    精品亚洲成a人| www.99精品| 欧美精品一区二区三区在线| 国产一区二区三区免费播放| 国产日韩欧美电影| 91女人视频在线观看| 亚洲国产精品尤物yw在线观看| 91精品久久久久久蜜臀| 国产一区二区三区在线观看免费| 中文字幕一区二区三区四区| 在线视频国内自拍亚洲视频| 秋霞电影网一区二区| 久久久久久久久岛国免费| 91美女在线视频| 日产精品久久久久久久性色| 久久精品男人的天堂| 色综合久久88色综合天天6| 婷婷久久综合九色国产成人| 久久色在线观看| 色婷婷久久久亚洲一区二区三区| 日本午夜一本久久久综合| 国产亚洲精久久久久久| 欧美在线观看一区二区| 国产一区美女在线| 亚洲免费大片在线观看| 日韩精品一区二区三区蜜臀| 99麻豆久久久国产精品免费| 强制捆绑调教一区二区| 亚洲欧美综合另类在线卡通| 日韩一区二区精品葵司在线| 99精品视频在线观看免费| 蜜桃视频一区二区| 亚洲欧美偷拍另类a∨色屁股| 日韩三级视频中文字幕| 91首页免费视频| 精品一区二区三区免费播放| 一区二区三区免费在线观看| 337p粉嫩大胆色噜噜噜噜亚洲| 91免费精品国自产拍在线不卡 | 奇米影视一区二区三区| 国产精品成人网| 日韩免费视频一区| 欧美亚洲日本国产| 国产91精品欧美| 免费看日韩精品| 亚洲精品一二三区| 久久久久久9999| 69久久夜色精品国产69蝌蚪网| 成人黄色片在线观看| 激情综合色综合久久综合| 亚洲成人av一区二区三区| 欧美高清在线一区| 精品国产伦一区二区三区观看方式| 欧美在线观看视频一区二区| 成人一级视频在线观看| 美女mm1313爽爽久久久蜜臀| 亚洲一区二区欧美激情| 国产精品久久福利| 欧美精品一区二区三区高清aⅴ| 欧美日韩日本视频| 91浏览器在线视频| 丰满放荡岳乱妇91ww| 久久精品国产99国产| 亚洲3atv精品一区二区三区| 最新国产成人在线观看| 久久精品一区二区三区av| 日韩欧美国产一区二区在线播放| 在线精品亚洲一区二区不卡| proumb性欧美在线观看| 国产精品一区二区免费不卡 | 欧美日韩国产美| 95精品视频在线| 成人精品视频一区二区三区尤物| 韩国av一区二区三区四区| 青青草原综合久久大伊人精品 | 日韩三级免费观看| 欧美色国产精品| 日本高清免费不卡视频| 99免费精品在线| 成人av在线播放网址| 国产成人丝袜美腿| 国产成人无遮挡在线视频| 国内精品国产三级国产a久久| 蜜臀av性久久久久蜜臀aⅴ流畅| 图片区日韩欧美亚洲| 亚洲国产欧美在线人成| 一区二区三区在线看| 日韩毛片高清在线播放| 综合av第一页| 亚洲欧美日韩国产综合| 亚洲人妖av一区二区| 亚洲色图在线看| 亚洲男人的天堂在线观看| 亚洲视频一区二区在线观看| 亚洲三级小视频| 亚洲人成小说网站色在线| 亚洲欧美区自拍先锋| 亚洲精品成人在线| 亚洲自拍偷拍网站| 亚洲成人手机在线| 亚洲 欧美综合在线网络| 天天综合日日夜夜精品| 日韩精品电影在线| 九九国产精品视频| 国产精品一区二区三区四区| 国产成人亚洲综合a∨婷婷 | 成人午夜av电影| 成人免费视频播放| 91女神在线视频| 在线免费不卡视频| 欧美精品成人一区二区三区四区| 欧美精品第1页| 日韩精品一区在线| 国产午夜精品福利| 国产精品美女久久福利网站| 亚洲欧美怡红院| 夜夜嗨av一区二区三区中文字幕| 午夜欧美一区二区三区在线播放| 日韩精品一二三| 免费在线观看视频一区| 国产乱人伦精品一区二区在线观看 | 奇米影视在线99精品| 精品亚洲国产成人av制服丝袜 | 制服丝袜av成人在线看| 日韩欧美成人午夜| 国产日韩精品一区| 亚洲美女精品一区| 日本亚洲天堂网| 国产美女视频91| 不卡视频一二三| 欧美色综合网站| 日韩美一区二区三区| 国产情人综合久久777777| 日韩一区日韩二区| 五月天丁香久久| 国产一区91精品张津瑜| 99久久精品国产观看| 欧美情侣在线播放| 久久久国产午夜精品 | 一区二区高清免费观看影视大全| 五月天精品一区二区三区| 国产在线精品免费| 97久久人人超碰| 777奇米四色成人影色区| 国产人成一区二区三区影院| 亚洲综合免费观看高清完整版| 蜜桃av噜噜一区| 成人动漫av在线| 欧美日韩高清一区二区三区| 久久综合色播五月| 亚洲欧美国产高清| 精品一区二区三区在线视频| 91在线国内视频| 日韩精品一区二区三区视频播放| 中文字幕一区免费在线观看| 午夜久久久久久久久久一区二区| 国产精品亚洲午夜一区二区三区 | 欧美亚洲禁片免费| 久久老女人爱爱| 亚洲精品欧美综合四区| 久久疯狂做爰流白浆xx| 97久久精品人人做人人爽50路 | 欧美一级生活片| 国产精品二三区| 日本不卡一区二区| 99久久综合色| 日韩一级完整毛片| 亚洲男女毛片无遮挡| 激情另类小说区图片区视频区| 色综合夜色一区| 亚洲精品一区二区三区99| 一区二区三区 在线观看视频| 国产呦精品一区二区三区网站| 日本高清不卡在线观看| 国产日韩欧美精品一区| 日韩电影在线一区二区| 色综合久久久久综合体桃花网| 精品国产电影一区二区| 亚洲不卡一区二区三区| www.亚洲激情.com| 久久噜噜亚洲综合| 日本强好片久久久久久aaa| 91在线国产观看| 国产日韩欧美综合一区| 免费看日韩a级影片| 欧美午夜片在线观看| 中文字幕不卡的av| 国产在线精品一区二区夜色 | 亚洲一区二区免费视频| 成人激情图片网| 精品成人在线观看| 热久久国产精品| 欧美视频第二页| 亚洲欧美一区二区三区久本道91| 国产成人激情av| 欧美zozo另类异族| 三级不卡在线观看| 欧美在线看片a免费观看| 亚洲人成小说网站色在线| 国产91清纯白嫩初高中在线观看|