CPI edges up in June as effects of fiscal, monetary policy begin to take hold
Share - WeChat
China's consumer price index, a main gauge for inflation, rose 0.1 percent year-on-year in June, marking the end of a four-month decline and suggesting that the country's initiatives to boost consumption are translating into greater consumer confidence and spending, analysts said.
The core CPI, which excludes food and energy prices, climbed 0.7 percent year-on-year in June, up 0.1 percentage points compared to the rise registered in May, according to data released by the National Bureau of Statistics this month.
"The core CPI marked its highest level in 14 months," said Dong Lijuan, a statistician with the bureau. "The effects of government policies to boost consumption have continued to show."


















