China Lithium Market Dynamics & Lithium Procurement Study

China Lithium Market Dynamics and Lithium Procurement Study

Battery Recycling Technology Understanding

Solid State Battery Market

   China Scrap Steel Quality Analysis 

China Scrap Steel Cost Curve

Home

Metal News

China Still Likely to Fulfill Full-year Inflation Target: Top Economic Planer 

Li-ion Battery Americas 2024

CLNB 2024 9TH CHINA NEW ENERGY EXPO

Indonesia Nickel & Cobalt & EV Industry Conference 2024

ASEAN Tin Industry Conference 2024

ASEAN Coal Industry Conference 2024

ASEAN Aluminium Industry Conference 2024

2024 ASEAN Automotive Supply Chain

2024 Global Renewable Metal Industry Chain Summit

2nd Li-ion Battery Europe 2024

NET ZERO EUROPE - Solar & Energy Storage Summit

Copper Declines as Slowing Industrial Output Casts Doubt on U.S. Recovery

BEIJING, Sept. 16 -- China is still likely to meet its full-year inflation target this year despite the August inflation rate quickening to a 22-month high of 3.5 percent year on year, officials from the country' s top economic planer said Wednesday.
In August, the consumer price index (CPI) rose mainly by increased prices of food products like pork and eggs, as the coming Mid-Autumn festival in China had boosted the consumption of food items, according to the National Development and Reform Commission (NDRC).
Further, the price rise of vegetables due to seasonal reasons contributed to the August CPI increase, said the NDRC authorities.
The upcoming autumn harvest, which accounts for about 70 percent of China's annual grain output, is expected to stabilize food prices, which have a one-third weighting in the calculation of the CPI, said the NDRC.
The NDRC also revealed that China would place central pork reserves on the market, which means pork prices cannot rise higher.
Further, the industrial consumer prices are remaining stable with a slight decline, and this is not conducive to inflation, according to the NDRC.
These elements are assisting in the drop of the CPI through the rest of the year, and is helpful for China to attain its full year inflation target, it added.
China has targeted a 3 percent rise in consumer prices this year. 
&nbsp;

Chile Copper Exports Fall to $2.77 Billion in August From July, Bank Says

China Still Likely to Fulfill Full-year Inflation Target: Top Economic Planer  | Shanghai Non ferrous Metals

China Still Likely to Fulfill Full-year Inflation Target: Top Economic Planer

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit