Abstract: | The release of economic figures for May provided a fresh snapshot of the country's economy.The consumer price index(CPI) rose 3.1 percent in May,surpassing the government's redline of 3 percent for the whole year,which ignited inflationary concerns.The producer price index(PPI) grew 7.1 percent year on year in May,but economists believe the PPI growth will not feed into the CPI.Exports bounced back while investments and consumption continued to grow.Bank lending slowed down as housing mortgages shrank.The A... |