• China's consumer and producer prices mixed in June

Market news

10 July 2017

China's consumer and producer prices mixed in June

China's consumer and producer prices logged steady growth in June, data from the National Bureau of Statistics showed, cited by rttnews.

Inflation remained unchanged at 1.5 percent in June. Prices were forecast to grow 1.6 percent.

Food prices dropped 1.2 percent, slower than the 1.6 percent decline posted a month ago. Meanwhile, non-food prices rose 2.2 percent, slightly slower than the 2.3 percent rise seen in May.

In the first half of the year, inflation was 1.4 percent, data showed. The government targets around 3 percent inflation for the whole year of 2017.

Month-on-month, consumer prices fell 0.2 percent, following a 0.1 percent drop in May. This was the second consecutive fall in prices.

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