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Economy

China June CPI may continue to fall

(Agencies)
Updated: 2010-07-12 12:13
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Chinese consumer prices may continue to drop in June from May as prices of agricultural products fall on sufficient supply, the Shanghai Securities News reported, citing an unidentified person with ties to the National Development and Reform Commission.

Related readings:
China June CPI may continue to fall CPI growth expected to slow down in June
China June CPI may continue to fall Inflation pressure waning fast in China
China June CPI may continue to fall Inflation pressure to ease
China June CPI may continue to fall Rising grain price will not prompt inflation

China's June CPI may rise 3.4 percent to 3.5 percent on the same month a year earlier, the Shanghai-based newspaper said. China's consumer prices may rise about 4 percent in July on year and see slower growth in the second half, the newspaper said, citing Zhu Baoliang, a researcher at the State Information Center.