Major economic data will be released this week. Tuesday will see the January's Consumer Price Index and Producer Price Index coming out. It's estimated the CPI will continue to fall for the ninth consecutive month.
Majoreconomicdatawillbereleasedthisweek.
Despite strong retail sales during Spring Festival, experts point out the CPI will continue a downward trend because of high food prices during the same period of last year.
Some analysts say it is normal for January's CPI to fall to one percent or even lower.
Meanwhile, the PPI's drop is estimated at two to three percent. Insiders believe the optimistic economic data released this week will help the implementation of related economic stimulus policies.
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