About: http://data.cimple.eu/news-article/b0080ba52a2e9d80bb072fe24f5e0de785bbb4fac903b80ebd1c3750

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/b0080ba52a2e9d80bb072fe24f5e0de785bbb4fac903b80ebd1c3750 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	The rise in Chinese consumer prices slowed for a second successive month in September, official data showed Thursday, as pork supplies bounce back from the devastating African swine fever while farms recovered from flooding. The consumer price index (CPI), a key gauge of retail inflation, rose 1.7 percent last month from a year ago, compared with a 2.4 percent reading in August, according to the National Bureau of Statistics (NBS). The increase was also less than expected. Food prices have begun to stabilise after months of huge rises fuelled by the swine fever, which ravaged pig herds across the country and sent the cost of pork rocketing, in turn pushing up demand for other meat. Floods also swept across China in late June, hitting vegetable crops and transportation. "Looking through the volatility in food prices, the broader disinflationary impact from the Covid-19 downturn continued to ease," said Julian Evans-Pritchard, senior China economist of Capital Economics. He noted that core consumer price inflation, which strips out food and energy prices, rose 0.2 percent on-month -- "the fastest pace since the Covid-19 outbreak". The producer price index (PPI), which measures the cost of goods at the factory gate, fell 2.1 percent on-year -- more than the 1.8 percent drop forecast in a Bloomberg poll of analysts. "But like core CPI, factory gate prices continued to recover last month thanks to strengthening industrial demand, rising 0.1 percent month-on-month," Evans-Pritchard noted. The International Monetary Fund this week forecast China will be the only major economy to grow this year as it rebounds from the devastation caused by the coronavirus. "Industrial production has reached its potential level and we are waiting for the recovery of the service sector," Zhaopeng Xing, China markets economist at ANZ Research, told AFP. "I think the progress is going well." bys/apj/dan
schema:headline	China inflation eases further as farms recover from floods, swine fever
schema:mentions	Consumer price index Variance Bloomberg L.P. Domestic pig Agence France-Presse Industry Pig 2019–20 coronavirus outbreak International Monetary Fund Julian calendar Inflation China Severe acute respiratory syndrome coronavirus 2 Coronavirus disease 2019 Classical swine fever African swine fever virus Logic gate National Bureau of Statistics of China Government agency Tertiary sector of the economy Capital Economics Economy Energy industry
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-15 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	64 (xsd:integer)

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 11 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software