国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / China Data

China producer prices down 5.3% in Jan

(Xinhua) Updated: 2016-02-18 09:52

China producer prices down 5.3% in Jan

BEIJING - China's producer prices continued to drop in January but the contraction eased notably, signaling less deflationary pressure, official data showed on Thursday.

The producer price index (PPI), which measures wholesale inflation, dropped 5.3 percent year on year in January, according to the National Bureau of Statistics (NBS).

It marked the 47th straight month of decline. But the contraction eased in comparison with that of previous months. From August to December, the monthly reading stayed unchanged at 5.9 percent.

On a month-on-month basis, January's PPI inflation fell 0.5 percent, 0.1 percentage points less than December's reading.

NBS statistician Yu Qiumei attributed improving producer prices mainly to the low comparison base last January.

In January, price drops in ferrous metal smelting, oil refining and processing, chemical raw materials and chemical products contributed more than half of the general producer price decline, Yu said.

Tom Orlik, chief Asia economist at Bloomberg, said commodity prices remain extremely low, but on a year-on-year basis they had not dropped quite as much in January as they had at the end of 2015. That explains the bulk of the slight firming in factory gate prices, he said.

"More resilient manufacturing prices, which fell 4.9 percent in January compared with the decrease of 5.4 percent in December, are a tentatively positive sign," Orlik said.

The PPI data came along with the release of the consumer price inflation index, which rose 1.8 percent in January.

Hot Topics

Editor's Picks
...
类乌齐县| 晋江市| 华亭县| 疏勒县| 禄劝| 白银市| 临西县| 吉林市| 齐齐哈尔市| 左贡县| 洪雅县| 平顶山市| 南宁市| 西平县| 九台市| 荃湾区| 稻城县| 虹口区| 凉山| 德保县| 黄浦区| 堆龙德庆县| 清新县| 临安市| 和田市| 桐城市| 泸水县| 永吉县| 合川市| 普安县| 镇江市| 白城市| 什邡市| 琼海市| 垦利县| 河东区| 宁国市| 班戈县| 杭州市| 孝昌县| 金阳县|