China's Consumer Prices Flat in July

Reuters
Aug 09

BEIJING, Aug 9 (Reuters) - China's consumer prices were unchanged in July while producer deflation persisted, as consumer and business morale took a hit from weak domestic demand and trade uncertainty.

The consumer price index was 0.0% last month versus a year earlier, compared with a 0.1% rise in June, National Bureau of Statistics data showed on Saturday, beating a Reuters poll forecast for a 0.1% slide.

The CPI edged up 0.4% month-on-month, against a 0.1% drop in June and above an expected 0.3% rise.

A 3.6% decline in the producer price index in July on year missed economists' forecast of a 3.3% slide. It fell 3.6% in June too.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10