China June CPI rises 2.7pc, PPI falls 2.7pc

PUBLISHED : Tuesday, 09 July, 2013, 9:39am
UPDATED : Tuesday, 09 July, 2013, 9:39am

China’s annual consumer inflation quickened to 2.7 per cent in June from May’s 2.1 per cent, official data showed on Tuesday, above market expectations.

The National Bureau of Statistics said that China’s producer prices fell 2.7 per cent last month from a year earlier, compared with a drop of 2.9 per cent in May.