Global Times

Making headlines

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Consumer, producer prices

The National Bureau of Statistics (NBS) will announce the Consumer Price Index (CPI) and the Producer Price Index (PPI) for June on Tuesday.

The CPI rose to 1.8 percent year-on-year in May, slowing 0.2 percent from the April figure, while the PPI was up 4.1 percent year-on-year, according to statistics released by the NBS on June 9.

Experts forecast the CPI could rise more than 2 percent in June.

Export, import data

The General Administra­tion of Customs (GAC) will release China’s trade figures for June on Friday.

In May, imports increased at a pace that exceeded market expectatio­ns, while the export growth rate narrowed from that in April. Import growth was 26 percent year-on-year and export growth was 12.6 percent in May.

The May trade figure showed a trade surplus of $24.92 billion, down 37.5 percent year-on-year, according to the GAC.

In the first five months of 2018, the trade surplus was $99.67 billion, according to data from the GAC.

Loan figures

The People’s Bank of China (PBC), the central bank, is expected to release new loan figures for June on Tuesday.

Data from the central bank on June 12 showed banks extended 1.15 trillion yuan ($179.58 billion) in net new yuan loans in May, edging down from 1.18 trillion yuan in April.

The figure was 40.5 billion yuan more than the same period in 2017, the PBC said in an online statement.

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