The Traderszone Network

Published in TZ Latest News 6 July, 2015 by The TZ Newswire Staff

China June inflation seen edging up to 1.3 percent year-on-year but still sluggish

China’s consumer inflation likely edged up in June as food prices steadied, while producer prices extended their decline well into a fourth year, reinforcing expectations that more support measures are needed to revive sluggish demand. Indeed, stronger price pressures may not do much to allay concerns about the health of the world’s second-largest economy, where a recent 30 percent slump in its stock market has raised fears about further threats to China’s sluggish economic growth.

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