Neville Prior

Neville Prior

Chinese Inflation 2.2% in June

Neville Prior  9 July 2012 09:27:33 AM
Inflation has eased sharply in China, giving policymakers more room to spur economic growth amidst a global slowdown. Consumer price rises cooled in June to 2.2% compared to the previous year, China's statistics bureau said. That is down from 3% in May and is well below the government target of 4%.

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