China's Consumer Price Index (CPI) Records Year-on-Year...
China News
August 9, 2023
China's Consumer Price Index (CPI) experienced a 0.3 percent decrease in July when compared to the same period last year, as reported by the National Bureau of Statistics. The CPI saw a 0.2 percent drop in urban areas and a 0.6 percent decline in rural areas on a year-on-year basis. Specifically, food prices witnessed a 1.7 percent decrease from the previous year, while non-food item prices remained stable.