investment is much

 Although the inventory investment is very low in GDP, the cyclical fluctuation of inventory has a significant effect on the cyclical fluctuation of GDP because the volatility of inventory investment is much higher than that of GDP. Fluctuations in inventories have distinct cyclical characteristics. According to Yi Gang and Wu Renhao (2000) research, inventory fluctuations from the following three shocks, that is, the impact of cost, demand shocks and financial shocks. The so-called cost replica watches uk shock, refers to the real changes in production costs lead to inventory of the procyclical fluctuations. For example, when the cost of production increases, the firm will cut production accordingly, but the residents will not significantly reduce consumption, resulting in a decline in inventory levels. The so-called demand shock, refers to the volatility of inventory caused by fluctuations in demand. The so-called financial shock, is the real interest rate rise (decline) led to the level of inventory at the same time significantly reduced (increased).

    The most commonly used industrial enterprises in the market inventory data, is the finished product inventory of industrial enterprises. As shown in Figure 1, China's industrial enterprises finished product inventory cumulative replica watches year-on-year growth rate in June 2016 (-1.9%). In fact, since 1996, the cumulative growth rate of finished goods inventories in industrial enterprises has only experienced a negative growth in August 2009. April 2016 to October 2016, industrial enterprises finished product inventories cumulative year-on-year growth rate for seven consecutive months of swiss replica watches negative growth situation is unprecedented, which means that when the pressure to go to the stock business. It is for this reason that despite the cumulative growth rate of finished goods inventories of industrial enterprises from -1.9% to 8.2% (rising for eight consecutive months) from June 2000 to March 2017, there are still many analysts , The inventory cycle is far from over.

Comments

Post a Comment

Popular posts from this blog

replica zqza

In the July 2003 mid-year report, Gucci (Gucci) global performance fell 20%, profits plummeted 97%; luxury goods industry leading enterprises LVMH Group (owns Dior, Louis Vuitton, Hennessy, Givenchy and Moet Champagne and other brands) in the first quarter of 2003 sales fell 5.1%; and Versace (Versace) also announced a loss.Cologne helped the company to replica watches uk create the Merrill Lynch Fashion Trends Index, which was launched last week. Cologna says the common feature of our selected stock is that they are the beneficiaries of this hedonistic, high-grade consumption model.In fact, with the growing crowd, its wealth continues to swiss replica watches increase, high-end merchandise sales growth rate has been much higher than the overall consumption growth. Analysts said Saks and Barneys and other luxury stores same-store sales growth rate is the overall level of the uk replica watches retail industry more than doubled. At the same time, the luxury goods sector profit margin
Read more

replica awqa

"The Chinese people are so rich after the reform and opening up." He recalled a Chinese tour in 2003, said: "There were about 30 Chinese people at the rolex replica ," he said. To my shop to buy things.I am here to sell some of the classic Western household goods, workmanship is very good.I look at people more, put the door close to let them concentrate on selection. At that time, I did not think they can buy so much Something, from their dressed look is not like the rich. The results you guess they bought an hour in an hour how much money? $ 500,000. I was so surprised. "Pierre said:" The French businessmen are now very keen to receive customers from China because they have a strong spending power. In fact, this is not a question. According to the replica rolex data provided by the French Tourism Bureau, according to incomplete statistics, each mainland Chinese tourists to France, the consumption of rolex replica watches about 3,000 US dol
Read more

jfeoiojods

When (when) - the time here, usually does not mean the replica watches generation of luxury brands, but the plot needs a typical situation under the typical time. The typical time of choice is not much, such as Vacheron Constantin's choice of replica watches uk time: as early as 200 years ago Vacheron Constantin and China, 1860 Xianfeng Emperor specially to Vacheron Constantin custom a pocket watch, and later the Palace Museum and the purchase of two Vacheron Constantin's bell The 1995 Vacheron Constantin into the Chinese mainland market, the slogan is "Vacheron Constantin" to return to swiss replica watches China, and the press conference address selected at the National Palace Museum. The Imperial Palace as a treasure trove of traditional Chinese culture, its special symbolic meaning and Vacheron Constantin thick cultural heritage is consistent. This typical time under the public relations activities focus on the brand history of mining, through the use of the Fo
Read more