China Inflation Climbs 2.1% In July

China Inflation Climbs 2.1% In July

Consumer prices in China were up 2.1 percent on year in July, the National Bureau of Statistics said on Thursday.

That exceeded expectations for 2.0 percent and was up from 1.9 percent in June.

On a monthly basis, CPI added 0.3 percent after easing 0.1 percent in June.

The bureau also said that producer prices jumped an annual 4.6 percent — beating forecasts for 4.5 percent and down from 4.7 percent in the previous month.

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