Wednesday, March 05, 2025 | 03:35 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

China's inflation up in July

Image

IANS Beijing

China's consumer price index (CPI), a main gauge of inflation, grew 2.3 percent year-on-year in July, official data showed Saturday.

The growth rate was at the same level as it was during the first half of the year showing that the world's second-largest economy has witnessed stable prices so far, Xinhua quoted the National Bureau of Statistics (NBS) as saying.

In July, inflation grew 2.4 percent in urban areas, higher than the 2.1 percent in rural areas, NBS data showed.

Food prices, which account for about one third of the weighting in CPI calculation, grew 3.6 percent year-on-year in July, down from 3.7 percent in June.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 09 2014 | 8:20 AM IST

Explore News