BEIJING (Reuters) -China's consumer prices rose at a faster-than-expected rate in July, while producer deflation persisted, as Beijing ramps up support for...
BEIJING - China 's consumer prices rose at a faster-than-expected rate in July, while producer deflation persisted, as Beijing ramps up support for its frail consumer sector in the face of a sputtering economic recovery.
High temperatures and rainfall in some areas last month pushed up food prices, partly contributing to the monthly return to growth, said NBS statistician Dong Lijuan. Car sales, the biggest component of China's retail sales, fell for the fourth month running in July despite a national auto trade-in program and eased auto loan rules.
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Producer Price Index Consumer Prices National Bureau Of Statistics Consumer Sector Consumer Goods
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