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Added on the 09/07/2020 14:00:00 - Copyright : EFE Inglés
Beijing, Aug 10 (EFE) .- The National Statistics Office (NSO) reported Monday that China's consumer price index (CPI), the main inflation indicator, increased 2.7 percent year-on-year in July, compared to 2.5 percent the previous month.The figure is slightly higher than expected by analysts, who had forecast an increase in inflation of around 2.6 percent for June.The institution also disclosed Monday that the producer price index (PPI), which measures wholesale inflation, fell 2.4 percent year-on-year in July after the 3 percent year-on-year drop registered in June.(Camera: ROMAN PILIPEY)FOOTAGE SHOWS STORES IN BEIJING, CHINA.
The Fed predicts a 5.2 percent rate of inflation, as measured by the personal consumption expenditures price index, before falling rapidly to 2.6 percent next year and 2.2 percent in 2024, Chair Jerome Powell says during a press conference. SOUNDBITE
Beijing/Shanghai, Sep 15 (EE/EPA).- China's industrial production grew 5.6 percent year-on-year in August, the fifth consecutive month of growth and the highest figure since December, the National Statistics Office reported Tuesday. (Camera: WU HONG/ALEX PLAVEVSKI)FOOTAGE SHOWS B-ROLL OF BEIJING AND SHANGHAI IN CHINA.
Beijing, Apr 10 (EFE/EPA).- China's consumer price index, the main inflation indicator, grew 4.3 percent year-on-year in March after standing at 5.2 percent in February, the National Bureau of Statistics said Friday.Inflation grew below the 5 percent mark for the first time in 2020 and recorded the lowest increase since October 2019 when it moved up 3.8 percent.(Camera: WU HONG)FOOTAGE SHOWS SOME TOURISTIC AREAS IN BEIJING AND THE COMMERCIAL STREET OF QUIANMEN, CHINA.
The chair of the US Federal Reserve, Jerome Powell, predicts an annual inflation rate of 4.2 percent in 2021, up from the 3.4 percent forecast in June, dropping to 2.2 percent in 2022. SOUNDBITE
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