China CPI +1.8% On Year In July

Consumer prices in China were up 1.8 percent on year in July, the National Bureau of Statistics said on Tuesday.

That was in line with expectations and down from 1.9 percent in June.

Prices for food jumped an annual 3.3 percent, while non-food prices added 1.4 percent.

The bureau also said that producer prices were down 1.7 percent on year - exceeding expectations for -2.0 percent after tumbling 2.6 percent in the previous month.

News are provided by InstaForex