Sunday, September 8, 2013

China’s CPI Rises 2.6% In August Versus 2.7% In July, While Its PPI Falls -1.6% In August Versus -2.3% In July getdiscountz.blogspot.com

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getdiscountz.blogspot.com ® China’s CPI Rises 2.6% In August Versus 2.7% In July, While Its PPI Falls -1.6% In August Versus -2.3% In July

China’s inflationary pressures appeared comparatively moderate last month, as its consumer price index rose an annualized 2.6 percent in August, compared with 2.7 percent in July and its producer price index fell an annualized -1.6 percent in August, compared with -2.3 percent in July.




Month-over-month, consumer prices climbed 0.5 percent, according to the National Bureau of Statistics of China data released in Beijing Monday at 9:30 a.m. local time (Sunday at 9:30 p.m. EDT) and reported by Reuters via CNBC.


Economists polled by Reuters had anticipated China’s CPI would rise 2.6 percent in August versus 2.7 percent in July and its PPI would fall -1.8 percent in August versus -2.3 percent in July.



China’s CPI Rises 2.6% In August Versus 2.7% In July, While Its PPI Falls -1.6% In August Versus -2.3% In July

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