ance for the second quater, I believe their economic predictions for the third quarter will become more consistent, Shen said.In fact, since the third quarter, major economic data, including industrial added value, the actual consumption level and trade volume have been all in a downward trend. As a result, economic growth rate, which has remained at a high level for months, has begun to show signs of dropping.And Citibank is not the only financial institution to hold an optimistic view on the economic performance in the third quarter MBT shoes. The State Information Center (SIC) and the National Economic Research Center at Peking University have both prodicted that economic growth rate will start to drop during the third quarter MBT Shoes. SIC recently predicted economic growth rate for the third quarter to reach 11.4%, lower than the 11.9% of the second quarter.In addition, the CPI, which had aroused people's attention for several months in the past, has also started to drop. Last week MBT Shoes Australia, deputy director of the State Development and Reform Commission Zhu Zhixin announced that in September, CPI grew by 6.2%, declining by 0.3 percentage point compared with the 6.5% growth rate in August. As China increased its supply of meat, eggs and other foods, Shen predicted that the CPI would continue to decline in the following months. He further expected that the CPI for the whole year would reach 3.5%-4%.Despite the decline in the CPI, Shen still predicted that China would further raise the interest rate this year.Although CPI growth rate has reached its peak, still such growth rate is expected to touch 4% for the whole year. In that case, it is very possible for the central bank to raise the interest rate for the sixth time this year, Shen noted.
The average price of pork in Chinese shops has dropped 11 percent from its peak in August as the government invests billions of yuan to support the pig breeding industry. BEIJING, Oct. 19 - The average price of pork in Chinese sh Related articles:

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