Little cause for concern over inflation
By Wang Yanfei | China Daily | Updated: 2018-07-11 07:39
Consumer price index rises 1.9 percent in June, up from 1.8 percent in May
China's consumer and factory inflation in June show little indication that inflation will become a destabilizing factor in the economy despite some level of pressure from trade conflicts with the United States, according to analysts.
The consumer price index, a key indicator to gauge inflation and changes in purchasing trends, rose 1.9 percent in June, up from 1.8 percent in the previous month, according to data from the National Bureau of Statistics on Tuesday.
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