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The agency predicts that CPI will be 2.3% in July. Food prices may fall slightly from the previous month.

Published: 2024-11-06 Author: mysheen
Last Updated: 2024/11/06, According to the arrangements of the National Bureau of Statistics, important macroeconomic data such as the July CPI (Consumer Price Index) will be released on August 9. As of August 6, a number of institutions have released forecasts for July CPI, with a forecast of 2.3 per cent CPI for July. Financial Research of Bank of Communications

According to the arrangements of the National Bureau of Statistics, important macroeconomic data such as the July CPI (Consumer Price Index) will be released on August 9. As of August 6, a number of institutions have released forecasts for July CPI, with a forecast of 2.3 per cent CPI for July.

The Financial Research Center of the Bank of Communications said that according to a comprehensive judgment, food prices in July will be slightly lower than in June, while the year-on-year increase in non-food prices in July will be basically the same as in June.

Taking into account the tail-warping factor, the Bank of Communications Financial Research Center believes that the year-on-year increase in CPI in July may be around 2.1% Murray 2.4%, with a median of 2.3%. It is expected that from August, as the tail-warping factor falls, there will be a trend change in CPI compared with the same period last year.

First Venture Securities said that since 2013, CPI has fluctuated between 1.8% and 3.0% year-on-year, but there is no inflationary pressure. First Entrepreneurship predicts that the year-on-year CPI level for the whole of 2014 will be 2.2% Murray 2.3%, much lower than the level of 2.6% Murray 2.7% in the previous two years.

 
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