Lu Commissar: Beware of industrial decline risk policy should be properly relaxed

>>> Click to view SINA Financial macro Data Center July 15, the National Bureau of Statistics released data, the first half of this year GDP growth 11.1%,cpi year-on-year rise 2.6%,ppi 6%.　　The chief economist of Societe Generale, Lu, said that the data is in line with expectations, but do not blindly optimistic about GDP growth, should be wary of the risk of continuous industrial slowdown, from the policy appropriate to loose fine-tuning.　　Lu Commissar that the value of industrial growth continued to decline in June, starting from April this has been the 3rd consecutive month decline, although the GDP growth rate is not much, but to be wary of the risk of continuous industrial slowdown. According to data, food prices were higher than before in the second half of June, and industrial products fell more sharply than expected, and if the industry's continued rapid decline would certainly reflect GDP. He says it is certain that the PPI peak has passed because it does not rule out the possibility of a July rise in food prices, so "it is not yet confirmed that the CPI highs have passed." "On this, from the policy side, he pointed out that the macro-control policy aims to avoid ups and downs, from the current situation should be appropriate to loose fine-tuning." (Super Yan from Beijing)