16428
China Consumer Prices Rise
World Economy

China Consumer Prices Rise

China’s consumer prices in April rose at half the pace the government is targeting for 2015, suggesting the central bank may need to add to its recent monetary easing to spur a pickup in domestic demand. The consumer-prices index increased 1.5% from a year earlier, missing the median estimate of 1.6% in a Bloomberg News survey of analysts, a release from China’s statistics authority showed in Beijing. The producer-prices index fell 4.6 percent, extending a record stretch of declines. The central bank has cut benchmark interest rates and the required deposit reserve ratio twice in the past six months to aid growth. Central bank chief Zhou Xiaochuan has flagged the risks of deflation in an economy.

 

Short URL : http://goo.gl/cl14m2

You can also read ...

Google and Walmart are set to start a partnership through which thousands of Walmart products are offered through the Google Home voice-controlled speaker.
Lowe’s Inc the number-two US home improvement retailer,...
Lowe’s Q2 Profit Jumps 21.6%
Lowe’s Inc the number-two US home improvement retailer,...
There were rallies on Wall Street overnight due to US President Donald Trump’s comments.
Asian indexes put in mixed performances on Wednesday following...
Blackstone Explores $7b IPO of Gates Global
Private equity firm Blackstone Group LP is exploring an...
Italian 10-year yields climbed 6 basis points to  a 3-1/2-week high at 2.17%
Eurozone bond yields rose on Wednesday, with Italian yields...
Toshiba, Western Digital Start Talks on Memory Sale
Toshiba has begun negotiations with business partner Western...
China Court Awards US Co. $1.5m in Court Case
A Chinese court has ordered three domestic shoemakers to pay...
Identity Fraud Soars to New Highs in UK
Cifas, the UK’s leading fraud prevention service, has released...

Trending

Googleplus