No i znów ten Kenobi
/ 83.5.247.* / 2009-07-20 09:53
Deflacja w Chinach pogłębia się. Słaby popyt i rosnąca podaż powodują spadek cen.
China's consumer price index (CPI), a main gauge of inflation, dipped 1.7 percent in June from a year earlier, the National Bureau of Statistics (NBS) said here Thursday.
This marks the fifth consecutive month of decline since the index dropped 1.6 percent in February, the first fall since October 2002.
The index marked a month-on-month decrease of 0.5 percent, according to NBS. CPI fell 1.4 percent in May year on year.
The CPI fell 1.1 percent in the first half of this year from a year earlier.
Retail commodity prices fell 1.4 percent in the first half. Food prices, which account for about one-third of the CPI, fell 0.3 percent.
"Slackening market demand and excess production capacity are the main factors impeding the CPI," said Wang Yiming, vice president of Academy of Macroeconomic Research under the National Development and Reform Commission.
Meanwhile, summer grain output rose for the sixth consecutive year, which indicated prices would not increase in short term, Wang said. Prices are closely related to grain supply in China.
"Currently, prices are still falling, demand is weak and the economic growth rate is lower than its potential" said NBS spokesman Li Xiaochao.