China's consumer price index (CPI), a main gauge of inflation, grew 1.9% year on year in June, the National Bureau of Statistics (NBS) announced Sunday.
The June data slowed from a 2-percent growth registered in May and dropped for the second consecutive month from 2.3% in April, when the CPI reached the highest level since July 2014, Xinhua news agency reported.
The CPI grew 2.1% in the first half of 2016, while the annual target was set around 3%.
On a month-on-month basis, the CPI declined 0.1% in June.
NBS statistician Yu Qiumei attributed the moderated inflation mostly to eased food prices.
Food, cigarette and liquor prices increased 3.7 percent year on year in June, slowing from 4.7% in May.
Since January, CPI has been calculated using a new comparison base and included more products and services and slightly reduced the weight of food
GMT 15:21 2017 Saturday ,12 August
US consumer prices see modest rise in JulyGMT 09:58 2017 Saturday ,20 May
Retail inflation rises to 3.65% in February on costlier food itemsGMT 09:53 2017 Saturday ,11 February
British economic growth accelerates in quarter to end of JanGMT 08:57 2016 Saturday ,24 December
China Consumer Prices Up 2.3% In NovemberGMT 22:23 2016 Friday ,09 September
China consumer prices up 1.3% in AugustMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor