china consumer inflation

china consumer inflationgrocery gateway promo code july 2020

Consumer Price Index CPI in China averaged 105.90 points from 2016 until 2020, reaching an all time high of 113.70 points in February of 2020 and a record low of 101.10 points in January of 2016. Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Share Close Share this Story: China's consumer inflation at 8-year high, but PPI stuck in the red Copy Link; Email; Facebook; Twitter; Reddit; LinkedIn; Tumblr The increase reflected much higher prices for the food, tobacco and alcohol category.

On a monthly basis, consumer prices dropped 0.9 percent, after a 1.2 percent decline in March.In China, the most important components of the CPI basket are Food (31.8 percent of total weight) and Residence (17.2 percent).

(Bloomberg) — China consumer inflation accelerated and factory price deflation eased in July, as the nation’s economy continued to recover from the coronavirus crisis amid disruption from regional flooding.

Consumer price index (CPI), the main gauge of inflation, grew 2.7 percent year on … Continuous Play: TEForecast Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data.

We expect the pace of decline in producer prices to continue to narrow, but remain in deflation over the course of the year.”

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Upward pressure came from household goods & services (0.1 percent vs 0.3 percent), education, culture & recreation (2 percent vs 2.5 percent), healthcare (2.2 percent, the same as in March) and other goods & services (4.8 percent vs 5.3 percent).

China consumer inflation accelerated and factory price deflation eased in July, as the nation’s economy continued to recover from the coronavirus crisis amid disruption from regional flooding.“The acceleration in China’s consumer price inflation is likely to be short-lived, despite its pickup in July. , Bloomberg News(Bloomberg) -- China consumer inflation accelerated and factory price deflation eased in July, as the nation’s economy continued to recover from the coronavirus crisis amid disruption from regional flooding.Tilray shares slump after posting disappointing Q2 revenueCanopy Growth reports better-than-expected Q1 results on strong medical pot salesAphria tops Q4 revenue expectations but still reports steep loss

Meantime, non-food inflation was unchanged at 0.4% as cost of other goods and services rose by 5.3%, the same as in April, while there were rises in cost of clothing (2.3% vs -0.3%), household goods (0.1% vs 0.3%), education, culture (2.2 % vs 2.5%), and healthcare (2.1% vs 2.2 %). Since 2011, China has seen a slight decrease in domestic inflation.

Consumer prices rose 0.6% over the previous month in July, contrasting June’s 0.1 % decrease. China's annual inflation rate rose to 2.7 percent in July 2020, recovering further from a 14-month low hit in May and slightly beating market expectations of 2.6 percent.

Inflation Rate YoY

Flooding in central, southern China hit transport networks

Recreation, Education and Culture Articles account for 13.8 percent; Transportation and Communication for 10 percent, Healthcare and Personal Articles for 9.6 percent, Clothing for 8.5 percent; Households Facilities, Articles and Services for 5.6 percent; Tobacco, Liquor and Articles for the remaining 3.5 percent.

Inflation rose from June’s 2.5% to 2.7% in July.

china inflation consumer price index CPI. The increase reflected much higher prices for the food, tobacco and alcohol category. On a monthly basis, consumer prices rose 0.6 percent, the first rise in five months.China's annual inflation rate rose to 2.5 percent in June 2020 from a 14-month low of 2.4 percent in the prior month and in line with market expectations.

Non-food inflation also slowed to 0.4 percent from 0.7 percent, amid falls in cost of clothing (-0.4 percent vs -0.3 percent), rent, fuel and utilities (-0.3 percent vs -0.1 percent), and transport & communication (-4.9 percent vs -3.8 percent).

It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. China - Inflation Inflation increases in July due to higher food prices. Food inflation hit its highest in three months (13.2 percent vs 11.1 percent in June), amid the coronavirus pandemic and damage caused by floods in central and southern of the country. Industrial output grew 4.8% year-on-year in June (May: +4.4% yoy). BC-China-July-Consumer-Inflation-Picks-Up-Amid-Flood-Disruption Core inflation weakest since 2010, signaling risks to recovery China's annual inflation rate rose to 2.7 percent in July 2020, recovering further from a 14-month low hit in May and slightly beating market expectations of 2.6 percent.

Inflation Rate YoY

The moves regionally came following the release of China's June inflation data.

China’s consumer inflation continued to edge up last month amid a faster rise in food prices, official data showed Monday. China - Inflation Inflation increases in July due to higher food prices.

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