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NBS: China’s CPI up 0.6%, PPI up 5.7% for Jan-Jul

ABSTRACT

By July, both China’s Producer Price Index (PPI) and Consumer Price Index (CPI) grew at a faster pace than the first half of this year, with the former up 5.7% and the latter up 0.6% on year, as the two indices posted gains on month too last month, according to the latest data from the country’s National Bureau of Statistics (NBS) on August 9.
In July, CPI, after four months of on-month declines, grew on month again, up 0.3% due to the impact of the adverse weather such as typhoons and heavy rainfalls on production and logistics, while for PPI, it posted another 0.5% on-month gain, NBS shared in an analysis report also on

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