E-mail lunthesis@163.com Phone 0551-65179860-203

China's August CPI Forecast at about 1.7 pct

Pub Date:17-09-04 10:00 Source:Xinhua

China's consumer price index (CPI) growth for August is expected to be between 1.5 to 1.7 percent, according to the Bank of Communications.

The August CPI, a main gauge of inflation, is due to be released by the National Bureau of Statistics (NBS) on Sept. 9.

A rise in food prices in August may push up CPI growth, as food prices account for nearly one-third of the CPI, said Tang Jianwei, the bank's chief analyst.

Food prices are predicted to have increased by 1.4 percentage points from July, affected by extreme weather during August, Tang said.

In the second half on 2017, CPI growth is expected to be slightly lower than the first half, with little pressure of inflation for the whole year, according to Tang.

CPI growth was 1.4 percent year on year in July, slightly down from June's 1.5 percent, NBS data showed.

Editor:Will

Related News
 
photo  >>
Locksmith in a Wheelchair
Traditional Wedding Ceremony of Huizhou Performed in E China
Video  >>
Chinese Xuanzhi paper: Part 1
Chinese Xuanzhi paper
People  >>
Retiree's Recycling Drive Keeps Children in School
Anhui Deaf Girl Claims the Title of Miss Asia
Travel  >>
Featured Towns to be Built on Banks of Chaohu Lake
10 Town in Anhui on National Featured Towns List
Contact Us
Copyright ©2000-2016 anhuinews.com All rights reserved. Reproduction in whole or in part without permission is prohibited.