综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Opinion

Falling CPI may herald economic weakening

By Xin Zhiming (chinadaily.com.cn) Updated: 2014-01-23 17:24

The fall in the flash Markit/HSBC Purchasing Managers' Index (PMI) in January is a fresh reminder of the country's growth challenge.

China's GDP expanded by 7.7 percent year-on-year in 2013, the lowest pace in 14 years. The January PMI reading, which is 49.6 percent, may confirm the weakening trend of the economy. The line of 50 separates economic expansion from contraction.

Many economists have anticipated a weak economy this year because demand remains weak while new sources of growth are lacking.

Seen from sub-indexes, the trend of weakening is more obvious.

The new orders sub-index was 49.8, the first contraction in six months. Employment sub-index also dropped to the lowest level in six months.

Policymakers may react to stimulate the economy if economic slowdown starts to affect employment, as past experiences have shown.

What we are not 100 percent sure of is whether the Spring Festival factor has distorted the statistics. The festival, which normally reduces economic activity, falls in January this year, while it was in February last year.

We are awaiting a more detailed report from the index compiler when the final reading comes out at the end of this month, so that it can be clearer whether the trend of economic weakening is entrenched or it is but a seasonal distortion.

...
...
科尔| 赫章县| 行唐县| 奈曼旗| 靖宇县| 克东县| 上饶市| 恩平市| 鸡泽县| 曲水县| 田阳县| 松阳县| 鲁甸县| 晋州市| 札达县| 庆元县| 南昌县| 万源市| 迭部县| 梓潼县| 秀山| 黄梅县| 丰都县| 咸丰县| 宜兴市| 库尔勒市| 金昌市| 邵阳县| 永昌县| 肥东县| 嘉禾县| 调兵山市| 余庆县| 兴海县| 喀喇| 囊谦县| 乐安县| 罗山县| 衡山县| 黎城县| 红安县|