Arab Today, arab today chinas consumer price index continues to rise in july
Last Updated : GMT 07:30:04
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China's consumer price index continues to rise in July

Arab Today, arab today

Arab Today, arab today China's consumer price index continues to rise in July

People buy vegetables at a supermarket
Beijing - XINHUA

China's consumer price index (CPI), a main gauge of inflation, rose to 1.6 percent in July, the highest level seen in 2015.

On a monthly basis, consumer prices edged up 0.3 percent in July, the National Bureau of Statistics (NBS) announced on Sunday.

For the first seven months, CPI increased 1.3 percent year on year.

NBS statistician Yu Qiumei attributed the CPI hike mainly to higher pork prices. Costs for medical care, vegetables, housekeeping, tobacco, education were also on the rise.

The Chinese government aims to keep its consumer inflation at around 3 percent for 2015.

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