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Mild price rises imply monetary stability in China

CHINADAILY · 公众号 · 时评 · 2017-08-10 10:42

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China's consumer price inflation remained mild in July while producer prices rose moderately, providing a boost to the industrial sector. Analysts said the country may keep its monetary policy stable given the expected stable price trends this year.

The consumer price index growth stood at 1.4 percent in July from a year earlier, compared with 1.5 percent in June, the National Bureau of Statistics said on Wednesday.