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China's CPI Continues to Rise in July 2015

  • Monday, August 10, 2015
  • Source:ferro-alloys.com

  • Keywords:CPI index
[Fellow]China's consumer price index (CPI), a main gauge of inflation, rose to 1.6 percent inJuly, the highest level seen in 2015.

[Ferro-alloys.com] China's consumer price index (CPI), a main gauge of inflationrose to 1.6 percent inJulythe highest level seen in 2015.

On a monthly basisconsumer prices edged up 0.3 percent in Julythe National Bureau ofStatistics (NBSannounced on Sunday.

For the first seven monthsCPI increased 1.3 percent year on year.

NBS statistician Yu Qiumei attributed the CPI hike mainly to higher pork pricesCosts formedical carevegetableshousekeepingtobaccoeducation were also on the rise.

The Chinese government aims to keep its consumer inflation at around 3 percent for 2015.(Source from China Daily)

China's CPI continues to rise in July

  • [Editor:Yueleilei]

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