China's June factory price inflation subdued on modest raw materials recovery, uncertain economy
Tue, Jul 11, 2017 - 5:50 AM
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.
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.