The consumer price index (CPI), a main gauge of inflation

in BullyGeister 05.01.2019 09:45
von huge12345 | 34 Beiträge

BEIJING Adidas NMD City Sock 2 PK Australia , July 30 (Xinhua) -- China's consumer prices willcontinue to rise in July but the growth rate will likely slow dueto tame food prices and a weakening carry-over effect, according toa research note by the Bank of Communications.

The consumer price index (CPI), a main gauge of inflation, isexpected to increase 1.4 percent year on year this month Adidas NMD City Sock Australia ,retreating slightly from the 1.5-percent expansion registered inboth June and May, the research note said.

The bank mainly attributed the lower rate to lackluster foodprices, which will edge down 0.4 percent on a month on month basis.Besides, the carry-over effect will become weaker after hitting thehighest level this year.

Non-food price growth meanwhile will basically maintain the samepace with that of June.

The National Bureau of Statistics will release its official CPIdata on August 9. Enditem

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