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Data
China's CPI up 2.1% in Jul
CKN
2018/08/09 02:07:09
163

Aug 09, 2018 (China Knowledge) - China's consumer price index, the major gauge of inflation, increased 2.1% year on year in Jul this year, after rising 1.9% in Jun, according to statistics released by the National Bureau of Statistics today.

The CPI in urban areas rose 2.1% from a year earlier in Jul, while the CPI in rural areas increased 2.0%, according to the statistics.

NBS said food prices went up 0.5% year on year last month, while non-food prices rose 2.4%.

The prices of cigarettes, alcohol and related products climbed 1.0% year on year, while the prices of household appliances and maintenance services went up 1.6% from a year earlier.

The price of healthcare and personal products increased 4.6% year on year in Jul, while the price of clothing grew 1.2%.

There was a growth of 3.0% in the prices of transportation or the price of communications, and there was an increase of 2.4% in housing prices.

In the first ten months of this year, the country's CPI increased 2.0% year on year.

NBS also said China's producer price index, which measures the prices of industrial products, increased 4.6% in Jul.

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