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BOCOM, CICC estimate China's May CPI

06-05-2012 09:40 BJT

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China's National Bureau of Statistics is going to release the major economic figures for May on June 9th, including CPI, PPI, fixed assets investment, consumption and industrial added value. Economists estimate the CPI growth rate is likely to further decrease, and economic conditions will remain sluggish.

Bank of Communications estimates that CPI in May would increase by around 3.1 percent year-on-year, slower than in April, and the rate may further slow to below 3 percent in June.

A report from China International Capital Corporation Limited (CICC) also showed the same estimate that the annual CPI in May would drop to 3.1 percent, and that in June would be lower than 3 percent, or even less than 2.5 percent.



Editor:Zhang Rui |Source: CNTV.CN

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