The central bank report: CPI will be the bottom end of the third quarter
Statistics Division of the central bank survey released yesterday, “the second quarter 2009 analysis of the macroeconomic situation,” the report predicted that prices in recent months the downward trend will continue, inflation is expected to be obvious, and forecast CPI would be in the bottom end of the third quarter of this year.
Price trends in the development of the report in part, from the price index, the central bank estimates the CPI index first synthesis stage is still in decline, downward trend in prices in recent months will continue; Coincident Composite Index forecast, CPI this year bottom end of the third quarter.
In addition, the second quarter of 2009 industrial enterprises in 5000 product sales price index from the first quarter narrowed to -15.6% -8.9%, there has been a big rebound. The overall global commodity market bottom has picked up momentum, the future of “imported” inflation pressure. At the same time, domestic demand continues to rise, the continuing flow of well-off, inflation is expected to be manifested.
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