The economic data in May shows that it will be stable or stable with an increase
the economic data in May shows that it will be stable or stable with an increase
China Construction machinery information
Guide: from tomorrow on, the main macroeconomic data in May will be released gradually. In an interview yesterday, it was found that most experts believed that a steady or steady rise would become the main tone of economic data changes. The price index will still be double negative. From the current market expectation, in view of the price formed last year
although lithium only accounts for about 2% of the weight of aluminum alloy, the main macroeconomic data in May will be released gradually from tomorrow. In an interview yesterday, it was found that most experts believed that a steady or steady rise would become the main tone of economic data changes
the price index will still be "double negative"
from the current market expectation, in view of the high base period formed by prices last year, the CPI and PPI price indexes will still show a "double negative pattern"
in April, CPI fell by 1.5% year-on-year. The latest research report of the Bank of communications predicts that food prices will continue to fall slightly in May, while the tail raising factor will lower prices by 1.5 percentage points, which is still the main reason for the continued decline of CPI in the month. According to the report, the CPI fell by 1.8% to 2% in May, with a median of about 1.5%. However, some experts believe that CPI will pick up in May. Because grain egg ", aquatic products, fruits and other prices rose slightly, and are expected to decline by 1.3% year-on-year.
PPI in April fell by 6.6% year-on-year. The decline in PPI in May may may be further expanded. Although the prices of mineral products, energy products, steel and building materials have increased, rubber, chemical industry and so on have declined. Combined with the reason of last year's base, it can be determined that PPI will be flat or slightly increased month on month, but will continue to decline year-on-year.
industry is expected to continue to recover
as far as possible The pipe ring ratio slowed down slightly. The PMI index in May showed that the manufacturing industry was still expanding, which would be good news for the industrial added value data in May. According to a Reuters survey, analysts believe that the median forecast for industrial added value in May was 7.5%, an increase of 0.2 percentage points over the previous month
in addition, data from the national power company's unified dispatching center showed that the average daily power generation fell by about 3.5% in May. After deducting interference factors such as holidays even for the same product, the decline in power generation in May continued to narrow compared with April
the proportion of industrial manufactured products in China's exports has been maintained at more than 90%, but the demand from overseas in May is still very weak, and manufacturers must have staff present. Analysts surveyed by Reuters predicted that exports in May fell by 23.1% year-on-year, slightly higher than 22.6% last month; Imports are expected to decline by 22.0%, a decrease of 1 percentage point; The trade surplus in May is expected to be US $14.8 billion, an increase over the previous month
subsequent policies may launch
for the future trend of China's economy, Jia Kang, director of the Institute of Fiscal Science of the Ministry of finance, believes that there is still external uncertainty in the next stage. However, as the economic situation of major trading partners such as the United States shows signs of stabilizing, this uncertainty is not as great as before. The original framework of "discretion" of China's macro-control policies should not be changed. The evolution of major indicators in the last two months of the second quarter of this year is very critical, which needs to be closely followed and observed, and preparations should be made in both "good" and "bad" directions. Among them, assuming that the situation of the main indicators at the end of the second quarter is not satisfactory, it is necessary to start the plan to add weight to the expansionary policies that have been implemented
zhangwenkui, deputy director of the Enterprise Institute of the development research center of the State Council, also believes that the follow-up stimulus policy is still possible; In particular, if the growth in the second quarter is lower than expected, it is more likely to launch stimulus policies in the third quarter
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