April 27, 2024

May economic data announced today that downward pressure continues to increase

Abstract Today, the National Bureau of Statistics will release the Consumer Price Index (CPI) and the Industrial Producer Ex-factory Price Index (PPI) for May. Many institutions predict that the CPI growth may be between 1.3% and 1.4%, and the price growth slows down again.
Today, the National Bureau of Statistics will release the Consumer Price Index (CPI) and the Industrial Producer Ex-factory Price Index (PPI) for May. Many institutions predict that the year-on-year growth of CPI may be between 1.3% and 1.4%. The slowdown in price growth indicates that China's current low inflation pressure is still too large, and the fastest rate cut in June.

Bai Pengming, a macroeconomic researcher at China Investment Consulting, said in an interview with the Securities Daily that the prices of poultry, eggs and vegetables in the first three weeks of May have fallen back. The hikes in May were about 0.66%. Look, the May CPI index rose between 1.2% and 1.5% year-on-year. In May, steel prices fell sharply, and prices of energy, Building Materials and textiles all declined. In May, the PPI fell by 4.3% to 4.6%.

“High-frequency indicators show that the economic production growth momentum continues to be weak. The power generation volume has increased year-on-year, and the capacity utilization rate has continued to decline. The loose policy has not effectively promoted production improvement. The real estate sales area continues to rise, and the sales area of ​​the 30 largest cities has increased year-on-year. Continue to stay at around 30%. Demand will continue to improve under the easing policy, but due to the uncertainty of the transmission of investment, the downward pressure on the economy will continue.” Xu Gao, chief macro analyst of Everbright Securities, said.

Bai Pengming told reporters that from the current economic situation, the downward pressure on China's economy continues to increase, but there is still greater uncertainty about whether monetary policy will relax. China's future economic outlook is optimistic. Under the development of the “One Belt, One Road” economic strategy, it is conducive to transferring excess capacity of China to foreign countries and expanding the scale of exports to emerging countries. At the same time, China is currently vigorously developing the free trade zone, which helps to guide foreign consumption to the country. In addition, the establishment of international financial institutions such as the AIIB and Silk Road Fund will enhance China's financial influence. China's economic development is entering a virtuous circle, and the effect will gradually emerge in the next year or two.

Xu Gao said that the future policy will focus on guiding the financial system funds into the real economy. The liquidity trap in the financial system is in contrast to the continued high interest rates in the real economy. Before the liquidity channel to the real economy is opened, financial market liquidity traps are difficult to eliminate, and future policies will focus more on guiding financial system funds into the real economy.

Carved Panel Mouldings Corners have Muti-functional style and special style.

1. Muti-functional style Carved Panel Mouldings  corners can be used to match with Carved Panel Mouldings which is the same or approximative size, which can enhance the effect of the decoration.

2. Some Panel mouldings have specified Carved Panel Mouldings Corners, for examples, PU panel moulding CP258, we have developed four different designs corners to match this Foam moulding, the item no of PU corner is CP258-11, CP258-12, CP258-13, CP258-14, each corner matchs the mouldings perfectly.

Advantages of Carved Panel Mouldings Corners :
1. Elegant European style
2. Many models to choose from
3. Suitable for both DIY and construction projects
4. Superior to Gypsum moldings
5. Light weight, easy to transport and install
6. Elaborate patterns
7. Beautiful Matching
8. Labor efficient

Carved Panel Mouldings Corners

Corners For Wall Corner,Multi Functional Style Corners,Corners For Mouldings,Carved Panel Mouldings Corners,Crown Corners,Panel Moldings Corners

Suntronic New Materials Technology Co., Ltd. , https://www.dsmdecor.com