Chinese Inflation Rate Stayed at 1.5%

Forex News

The consumer price index, published by the National Bureau of Statistics of China, remained at the level of 1.5% yoy in June, as expected. However, on a monthly basis, the inflation rate fell by -0.2%, although analysts had expected a reduction of -0.1%.

Meanwhile, the producer price index rose by 5.5% compared to the same period last year, the bureau reports.