May Cpippi again lost economic recovery still takes time
Source: Internet
Author: User
KeywordsMinistry of Finance National Bureau of Statistics
This morning, the National Bureau of Statistics released the May economic data show: The month of the national consumer prices of the total level (CPI) fell 1.4% Year-on-year, the chain fell 0.3%; China's factory price of industrial products (PPI) fell 7.2%. So far, CPI has been lost for 4 consecutive months, and PPI fell to 7.2%, more than before the major institutions of the expected economic recovery has yet to be validated. At the same time, the spread of May credit or the news of the heavy climb 660 billion prompted the industry's excessive liquidity concerns. If the economic recovery after the contraction of the immediate inflation, will be very traumatic for our economy. In the case of public finance, the money should be changed to hold the gold or hold the property. Overall, however, the industry believes that there is still no immediate change in the direction of monetary policy conditions, the macroeconomic trend is still to wait and see. Jia Kang, director of the Finance Science Institute of the Ministry of Finance, said that the next stage still has the uncertainty from the outside, "China's macro-control policy," the original framework of the camera choice should not be changed. ”
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