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Economy

China's CPI up 2.8 pct in July

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2019-08-09 11:36:23Xinhua Editor : Li Yan ECNS App Download

China's consumer price index (CPI), a main gauge of inflation, rose 2.8 percent year on year in July, up from 2.7 percent in June, the National Bureau of Statistics said Friday.

Food prices grew 9.1 percent year on year last month, up from 8.3 percent in June, while non-food prices gained 1.3 percent, 0.1 percentage points lower than that of June.

The CPI in urban and rural areas registered a year-on-year growth of 2.7 percent and 2.9 percent, respectively.

In the first seven months, consumer prices rose 2.3 percent from a year earlier on average, the bureau said.

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