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China's inflation eases in June

07-15-2010 13:04 BJT

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China's prices indexes eased in June. The consumer price index, or CPI for the month is 2.9 percent, while the index surpassed 3 percent in May.

CPI for the first six month stood at 2.6 percent, safely below the alerting level. Officials at this morning's press conference say it's rather a mild increase.

Experts predict the CPI will continue to fall for the second half of the year. Meanwhile, the producer price index, or PPI, rose 6.4 percent, also recording a slowdown from May.

Editor:Xiong Qu |Source:

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