• Linkdin
Discover the future of apparel trade with our latest report, Global Apparel Sourcing Market Trends and Patterns! Request Report down-aerrow Discover the future of apparel trade with our latest report, Global Apparel Sourcing Market Trends and Patterns! Request Report down-aerrow
         Discover the future of apparel trade with our latest report, Global Apparel Sourcing Market Trends and Patterns! Request Report down-aerrow Discover the future of apparel trade with our latest report, Global Apparel Sourcing Market Trends and Patterns! Request Report down-aerrow

China's CPI up 0.5% YoY in Jul, producer price index falls 0.8% YoY

10 Aug '24
1 min read
China's CPI up 0.5% YoY in Jul, producer price index falls 0.8% YoY
Pic: Adobe Stock

Insights

  • China's consumer price index, a main gauge of inflation, was up by 0.5 per cent YoY in July, slightly higher than the 0.2-per cent YoY rise in June, official data showed.
  • A lack of market demand and the decline in the prices of some international commodities led to the producer price index falling by 0.8 per cent YoY during the month, the same as in June.
China's consumer prices saw slight growth in July this year as domestic consumer demand expanded, official data showed.

The consumer price index (CPI), a main gauge of inflation, was up by 0.5 per cent year on year (YoY) in July, slightly higher than the 0.2-per cent YoY rise in June, according to the National Bureau of Statistics (NBS).

A lack of market demand and the decline in the prices of some international commodities led to the country’s producer price index, which measures costs for goods at the factory gate, falling by 0.8 per cent YoY during the month, the same as in June.

Fibre2Fashion News Desk (DS)

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search