May Economic Data On Friday CPI Or Over 3%

The long holiday of the Dragon Boat Festival is approaching, but investors will have to survive the week which is not easy. Besides the rapid lifting of the lifting of the ban, the major macroeconomic data that will make the market very tangled in May will be released on schedule as scheduled on Friday.

According to the established plan, the National Bureau of statistics will hold a press conference on June 11th to announce data including the consumer price index, the industrial added value and the fixed assets investment. Meanwhile, according to the usual practice, the Customs General Administration will also announce the import and export data in May.

At present, market participants are not optimistic or even entangled with the latest data.

Meso economists forecast: for directly representing the inflation situation, the consumer price index and the ex factory price of industrial products year-on-year growth, including the number of agencies including CICC, are predicted to be above 3% and 7% respectively, and will continue to hit a year-on-year high.

The above data will once again strengthen the market's inflation expectations.

In fact, at present, even some agencies predict that after the above data are released, the central bank will probably raise the deposit reserve ratio again.

On the other hand, due to the decline of the manufacturing purchasing managers' index which has been announced in May, the parties also expect that the key data such as industrial added value may decline slightly while inflation expectations continue to rise.

In particular, investment in fixed assets may be subject to a certain degree of decline as a result of the state's policy of regulating the property market.

As for exports, the European debt crisis continues to play a trick of "entering two retreat one", which is good and bad, and its impact on export data may need further observation.

On the whole, many scholars and experts believe that in June, or in the "window period" of macro policy, the policy is expected to focus more and less on macroeconomic concerns.