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In Sweden, Volvo cars continued to strongly outperform the market with a rise in sales of 15.1 percent in July to 3,258 cars. China’s consumer prices will remain stable in the second half of the year, with inflation likely to stay below 3 percent, according to experts. cheap soccer cleats Tang Jianwei, an analyst with the Bank of Communications, said weak domestic demand, a prudent monetary policy and the possibility of falling prices in the global commodity market will prevent domestic consumer prices from increasing steeply. But Tang said China’s consumer prices may rise at a faster pace in the second half due to a mild rebound in pork prices, a possible hike in energy and resources prices and rising rent and furnishing costs. The government has set a growth target of 3.5 percent for the consumer price index (CPI), a main gauge of inflation, for 2013. soccer cleats for cheap The latest official data has shown that the CPI grew 2.4 percent year on year in the first half, leaving room for economic rebalancing. Yao Jingyuan, a researcher with the Councilor’s Office of the State Council, or China’s Cabinet, said China has had a bumper summer harvest this year, laying a solid foundation for stable prices. Wang Yiming, deputy head of the Academy of Macroeconomic Research under the National Development and Reform Commission, said the CPI increase is not likely to exceed 3 percent in the second half. discount soccer cleats As for July’s inflation, experts predicted that the CPI may rise around 2.8 percent. Data from the Ministry of Commerce and the National Bureau of Statistics showed that prices of poultry, vegetable, seafood and soybean products have all been on an upward trend since mid-July due to high temperatures. Li Huaijun, an analyst at First Capital, said food prices are expected to contribute 1.7 percentage points to the CPI increase, while non-food prices will likely contribute 1.1 percentage points, adding that inflation will likely reach 2.8 percent in July. A report from CITIC Securities said July’s CPI is likely The U.S. dollar dipped against most major currencies on Monday, continuously pressured by disappointing U.S. non-farm payroll report for July. U.S. cheap nike cleats Labor Department reported last Friday that total non-farm payroll increased by 162,000 in July, less than expected. However, July’s jobless rate fell more than expected, falling to 7.4 percent from 7.6 percent in June, but some analysts pointed out that this may be because more people have given up to seek jobs. The greenback has been under pressure since the Federal Reserve announced last week that it would continue its current monetary stimulus to bolster the slow economic growth and job creation. soccer cleats 2013 Dollar’s losses were moderate as the Instituted for Supply Management reported Monday that U.S. non-manufacturing index jumped to 56.0 from June’s 52.2, which beat market forecast. Meanwhile, investors will closely watch monetary policy meeting of Bank of Japan this week. BoJ Governor Haruhiko Kuroda will hold a press conference on Thursday after the two-day meeting. In late New York trading, the euro fell to 1.3259 dollars from 1.3285 dollars of the previous session and the British pound increased to 1.5348 dollars from 1.5285 dollars. The Australian dollar climbed to 0.8911 dollars from 0.8908 dollars. cheap soccer shoes The dollar bought 98.3 Japanese yen, lower than 98.90 yen of the previous session. It edged down to 0.9279 Swiss francs from 0. 9288 Swiss francs and moved down to 1.0369 Canadian dollars from 1. 0390 Canadian dollars. Volvo Car Group reported on Monday that the company’s global sales increased by 14 percent in July compared to the same month of last year thanks to the substantial growth in China and Europe. Retail sales of Volvo cars in July amounted to 33,650 cars in total, while the sales in China rose by 61.6 percent to 4,640 cars in July, according to a press release from the company. The performance in China was largely contributed by the sales of 2,278 XC60 model, which created a new all-time sales record for an individual month. Volvo XC60, together with S60, also represented the majority of sales in the United States as the number one market of Volvo cars. www.cheapnikecleats2013.com The sales of Volvo in the United States amounted to 5,908 in July, a growth of 3.3 percent compared to the same month in the previous year.

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