- Chinese inflation rose more than expected in July
Market news
9 August 2018
Chinese inflation rose more than expected in July
Consumer prices in China were up 2.1 percent on year in July, according to rttnews.
That exceeded expectations for 2.0 percent and was up from 1.9 percent in June.
On a monthly basis, CPI added 0.3 percent after easing 0.1 percent in June.
The bureau also said that producer prices jumped an annual 4.6 percent - beating forecasts for 4.5 percent and down from 4.7 percent in the previous month.
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