Off the wire
• 2nd LD Writethru: S.Korea keeps record-low rate on hold after MERS outbreak  • Feature: Like birds in a cage: sub-human conditions for Bihari camp dwellers in Bangladesh  • China Hushen 300 index futures open lower Thursday  • Hannover signs Denmark international Uffe Bech  • Urgent: China's consumer prices up 1.4 pct in June  • Urgent: China stocks plunge over 3 pct  • Kenyan giant Gor Mahia threaten to skip regional tourney  • Market exchange rates in China -- July 9  • Urgent: China's June PPI down 4.8 pct  • Aussie Victoria police gain power to banish criminal elements from boxing, cage fighting  
You are here: 　 Home

1st LD: China's consumer inflation picks up in June

Xinhua, July 9, 2015 Adjust font size:

Growth in China's consumer price index (CPI), a main gauge of inflation, edged up to 1.4 percent in June, slightly above market forecasts of 1.3 percent and 1.2-percent rise in May.

On a monthly basis, consumer prices in June remained unchanged, compared with a dip of 0.2 percent posted in May, the National Bureau of Statistics (NBS) said on Thursday.

NBS statistician Yu Qiumei attributed the pick-up to a lower comparative base from June last year and higher prices of food, including vegetables and pork.

For the first half of the year, CPI edged up 1.3 percent year on year.

Producer price index, which measures wholesale inflation, slid 4.8 percent year on year in June, the 40th straight month of declines.

The Chinese government aims to keep its consumer inflation at around 3 percent for 2015. Endi