National Bureau of Statistics: PPI is expected to rebound at a low level
Liu, spokesperson for the National Bureau of Statistics, stated that despite the current uncertainties in international input effects, with the implementation of policies related to large-scale equipment updates, relevant industry demand is expected to be boosted. At the same time, the recovery of consumer demand also benefits the rise in consumer goods manufacturing. Overall, it is expected that PPI will rebound at a low level in the next step.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. prosecutors request retrial for MIT brothers accused of stealing $25 million in cryptocurrency
REXShares' XRPR ETF is the first fund to partially hold XRP spot.
ZCash shielded pool assets reach 23% of total supply as network usage surges
Bitwise Chainlink ETF has been listed on the DTCC website with the ticker CLNK.