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Nanjing CPI increase eased to 2.7 percent in June  ÂYesterday, June CPI data released: the country rose 2.2 percent, a record 29 months low; Jiangsu rose 1.9%, or 0.9 percentage points lower than in May; Nanjing rose 2.7 percent, or 0.1 percentage points lower than in May . Jiangsu and Nanjing or are the lowest in last year.The national increase of 2.2 percent, a record lowÂamong 29 months.  ÂEight categories of consumer prices in May, two liters six drop  According to statistics, compared with June last year, Nanjing eight categories of consumer prices, "seven liters a drop. Among them, alcohol and tobacco rose year on year, 8.2 percent; household equipment and maintenance services rose year on year ranked second at 6.5 percent; live year-on-year increase ranked third for 5.6%; followed by food, clothing, medical care and personal supplies, transportation and communication. The only decline in the entertainment and educational products and services, a decline of 2.7 percent. Compared to May of this year, Nanjing eight categories of consumer prices in two liters and six down. Among them, medical care and personal products, housing rose 0.3 percent, 1.1 percent; food, alcoholic drinks and tobacco, clothing, household equipment and maintenance services, transport and communications, entertainment and educational products and services decreased by 2.2%, 0.1%, 0.2 %, 0.2%, 0.3%, 0.4%. Live prices and the property market to pick up about June, Nanjing housing prices rose 5.6 percent, rose 1.1 percent, has a certain relationship with the recent property market to pick up? Does have a certain relationship. "Investigation Team, consumer prices Director of Fan Huaihua class living mainly in four major areas, including building materials, Private rent, owner-occupied housing budget, water and fuel. Property market to pick up the rental impact is relatively obvious. June Nanjing Private rental chain, rose 3 percent. Nanjing CPI in the first half of the average increase of 3.4% To six months time span, the first half of this year, Nanjing CPI average increase of 3.4%. Compared with the first half of last year, the eight categories of consumer prices seven liters a drop ". Among them, the food increased by 7.7%; alcohol and tobacco rose by 9.2%; clothing increased by 3.2%; household equipment and maintenance services increased by 7.0%; health care and personal articles increased 1.0 percent; transportation and communication increased by 0.8%; entertainment and educational products and services decreased by 2.5%; living increase of 2.6%. The food is still the main factors of the CPI occupy a high position, pulled the overall average 2.14 percentage points in the first half of this year, 16 food products, only three down. Agricultural and sideline products more expensive in meat, poultry and related products, aquatic products, vegetables, lunch away from home food prices rose 10.8%, 11.0%, 15.4%, 8.8%, only four on the rise in food prices more than 90%. In addition, service projects to maintain the upward trend of prices increased by 2.0% compared with the first half of last year. Basic class of 58 service projects, only four-year price declines. Upward pressure on labor costs, the family personal services, public social services, prices improved significantly, pulled up the first half of the total index by 0.75 percentage points. Worry about deflation era? June this year, Chinas CPI hit a 29 month low. Looking back to Nanjing, the CPI trend from January to June this year, 18 months has fallen below 6,5,4,3 ... and down the slide into a "2" times. It is difficult to imagine just a few months time, people, worries about the economy, has been a sudden shift from the "inflation" as "deflation". Yesterday, the famous economist Wang Fu focuses on its official microblogging said: June CPI up 2.2%, if not the food of the right major, but also lower, nothing else, the Chinese economy will enter a deflationary crunch more difficult than inflation governance is much the last of Chinas economic crunch began in 1997 and ended in 2003, the end because of SARS - SARS. " He believes that now a lot of people said that the tightening is a good thing these people do not understand the financial and economic characteristics of the modern economy, do not understand the role of money, do not understand the total demand is the determining factor of the economy, and do not know of a bygone era of austerity and tightening the difference. The crunch is good only in one case, technological advances lead to deflation. Under deflation, people want to consume, are reluctant to invest, the economy died. ÂThe reporter learned that there are four main factors, from a statistical point of view, affect the CPI. The first factor is the changes in food prices, food prices account for a large proportion of the CPI, food prices rose relatively close with the people relations, so for now, does the rise in food prices in the range of down. The second factor is to observe the changes in international commodity prices. Recently, global stock markets and commodity prices fell last Friday the Dow Jones index fell 0.96 percent, crude oil prices dropped by another 3.2%. This may give rise to a certain extent, imported deflation. The third factor is the cost-push inflation. This year, the domestic PPI has been "negative" for several months. The fourth factor depends on economic growth. Since the beginning of this year, Chinas economic downward pressure on economic growth rate fell further. From the year-on-year growth rate of quarterly GDP in the first quarter of this year to undertake the four quarters of last year the trend has continued to decline, further down to 8.1%. CPI overheating and undercooling are harmful economic development. Recently, the academician of Chinese Academy of Social Sciences, Economics Department, deputy director Professor Liu Shucheng, Chinas economic growth this year-than-expected fall situation, neither over-react, it can not be taken lightly, careful analysis of the various possible economic growth rate dropped significantly reasons, targeted to take various measures to avoid the ups and downs of economic growth, longer keep the economy stable and rapid development. We are high quality suppliers, our products such as Heated Clothing Battery Manufacturer , Universal Power Bank Manufacturer for oversee buyer. To know more, please visits Lithium Polymer Battery Charging.
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