You are here

China's June factory price inflation subdued on modest raw materials recovery, uncertain economy

Tuesday, July 11, 2017 - 05:50

BT_20170711_CPI_2975282.jpg
There are concerns that price pressures could weaken throughout the rest of 2017 as economic fundamentals soften. China is targeting 6.5% economic growth and 3% inflation this year.

Beijing

CHINA'S producer price inflation was unchanged in June and remained well off highs seen earlier this year, amid lingering oversupply issues in the steel sector and as signs of economic weakness weighed on the outlook for prices.

The producer price index (PPI) rose 5.5 per

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom