CPI is Expected to Rise Modestly in 2016 – China’s NDRC
China’s National Development and Reform Commission (NDRC) noted in its latest report that the Chinese price pressures are likely to rise this year, China Securities Journal reports.
The CPI is expected to rise modestly in 2016 against a backdrop of a complicated international environment, internal structural adjustments and easing monetary policy
The PPI will maintain a downward trend but with narrowing decreases
Property prices in some large cities will grow this year
Depreciation of the yuan will be smaller but the frequency and extent of fluctuations will be greater
Salary growth will continue falling from decreasing job opportunities owing to slowing economic growth and the reduction of overcapacity
(Market News Provided by FXstreet)