Arab Today, arab today china\s inflation rate accelerates in august
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

China\'s inflation rate accelerates in August

Arab Today, arab today

Arab Today, arab today China\'s inflation rate accelerates in August

Beijing - AFP

China\'s consumer price inflation accelerated slightly in August amid higher costs for food, official data showed Sunday, but producer prices continued to fall amid the country\'s slowing economic growth. Consumer prices rose 2.0 percent year-on-year, the National Bureau of Statistics said, as food prices increased 3.4 percent. Inflation stood at 1.8 percent in July. Producer prices -- which measure costs of goods as they leave factories -- declined 3.5 percent year-on-year, falling for the sixth straight month, NBS data showed. Producer prices fell 2.9 percent in July. China\'s economy grew 7.6 percent in the second quarter through the end of June for its weakest performance in three years. Data in the current third quarter has remained weak as the slack global economy dents demand for exports. Chinese authorities have taken steps this year to boost growth by cutting interest rates twice in quick succession and slashing the amount of funds banks must keep in reserve to boost lending, but with little impact so far. The price data for August come as China is scheduled to release other key indicators for the month later Sunday, including retail sales and industrial production as economists watch for clues to prospects for the world\'s second-largest economy.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china\s inflation rate accelerates in august Arab Today, arab today china\s inflation rate accelerates in august

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china\s inflation rate accelerates in august Arab Today, arab today china\s inflation rate accelerates in august

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday