Home » Positive Signals in July: CPI and PPI Show Recovery, Prompting Optimism for Future Economic Growth

Positive Signals in July: CPI and PPI Show Recovery, Prompting Optimism for Future Economic Growth

by admin

Securities Times: Positive Signals in July Price Indicators

Securities Times Network News – In a recent report, CITIC Securities highlighted the positive signals shown by the two major price indicators in July. According to the report, the Consumer Price Index (CPI) data for July may seem “weak in name but strong in reality.” The negative year-on-year figure is primarily attributed to the high base of the same period last year, particularly the elevated pig prices.

However, the report emphasized that the core CPI rebounded sharply year-on-year and surpassed market expectations. The recovery rate of service prices, underestimated by the market during the peak summer consumption season, contributed to this positive trend. Additionally, “prices of goods” also exhibited a significant rebound. As a result, experts predict that the year-on-year CPI reading in July will mark the bottom of the year, and August will witness a steady rise in CPI.

Similarly, in July, China’s Producer Price Index (PPI) demonstrated an inflection point in its year-on-year growth rate as expected. Furthermore, the month-on-month decline in PPI also narrowed significantly. This improvement is largely driven by the government’s policy to stabilize growth and boost domestic demand. Looking ahead, experts anticipate a slow rise in the year-on-year growth rate of PPI over the next few months. However, they caution that PPI will fluctuate within a negative range throughout the year. Consequently, it is essential to monitor the implementation of real estate policies, as they may have a significant impact on future PPI trends.

The Securities Times would like to emphasize that the information provided in this article is for reference purposes only and should not be considered as substantive investment advice. The publication aims to deliver truthful and accurate information, but readers are advised to exercise caution and make investment decisions at their own risk.

See also  Webuild: subsidiary Usa Lane in jv selected preferred bidder for $1 bn project

For those interested in staying updated on the stock market trends, gaining insight into policy information, and seizing wealth opportunities, the “Securities Times” official APP is available for download. Alternatively, readers can follow the official WeChat public account of the Securities Times to stay abreast of market developments.

Disclaimer: The Securities Times strives for truthful and accurate information, and the content mentioned in the article is for reference only and does not constitute substantive investment advice, so operate at your own risk. Download the “Securities Times” official APP, or follow the official WeChat public account, you can keep abreast of stock market trends, gain insight into policy information, and seize wealth opportunities.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy