ID :
199933
Tue, 08/09/2011 - 05:53
Auther :
Shortlink :
https://oananews.org//node/199933
The shortlink copeid
China's consumer prices jump 6.5 pct in July
HONG KONG, Aug. 9 (Yonhap) -- China's consumer prices surged 6.5 percent on-year to a 36-month high in July due to soaring food costs, government data showed Tuesday.
Last month's growth in the consumer price index (CPI) was also up from a 6.4 percent gain in June, China's National Bureau of Statistics said.
China's inflation gauge grew more than 5 percent for the fifth straight month and exceeded 6 percent for the second month in a row since July 2008.
July's consumer inflation rate was higher than the average market estimate range of 6.2-6.3 percent.
Last month's growth in the consumer price index (CPI) was also up from a 6.4 percent gain in June, China's National Bureau of Statistics said.
China's inflation gauge grew more than 5 percent for the fifth straight month and exceeded 6 percent for the second month in a row since July 2008.
July's consumer inflation rate was higher than the average market estimate range of 6.2-6.3 percent.
