Steel billet market report November 2012
2012-12-07 16:41:57 【Print】
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1. Financial overview:
1.1 CPI fell back to 1 . 8% during October . According to statistics provided by Commerce Department on October 31st, edible agricultural product prices kept stale in 36 middle-and-large cities last week (October 22-28) . Analysts noted that CPI was expected to decrease to 1 . 8% and reach to the bottom line by the end of this year as edible product prices dropped, especially vegetable prices . Growth rate of CPI was likely to rebound slightly in November and December as economy recovered in Q4.