Mainland consumers paid 4.9 per cent more for food last month, leading to a 2.7 per cent increase in inflation for the month. Photo: XinhuaMainland consumers paid 4.9 per cent more for food last month, leading to a 2.7 per cent increase in inflation for the month. Photo: Xinhua
Mainland consumers paid 4.9 per cent more for food last month, leading to a 2.7 per cent increase in inflation for the month. Photo: Xinhua

China stuck in inflation policy bind as CPI jumps

CPI jumps 2.7 per cent to four-month high in June, and more modest rises are expected

Mainland consumers paid 4.9 per cent more for food last month, leading to a 2.7 per cent increase in inflation for the month. Photo: XinhuaMainland consumers paid 4.9 per cent more for food last month, leading to a 2.7 per cent increase in inflation for the month. Photo: Xinhua
Mainland consumers paid 4.9 per cent more for food last month, leading to a 2.7 per cent increase in inflation for the month. Photo: Xinhua
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