China consumer inflation picks up as producer prices fall

07/9/2013 | Caijing Magazine online

China's consumer prices rose at an unexpectedly strong 2.7% annual rate in June, up from 2.1% in May. However, the latest gain was attributed in part to falling prices in the June 2012 comparison month. Separately, the National Bureau of Statistics reported a 2.7% year-on-year decline in June producer prices.

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