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China CPI Decreases in July Hinting Weak Demand
Friday, August 10, 2012 14:31
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Data released on Thursday by China's National Bureau of Statistics shows that the Consumer Price Index rose 1.8% in July, a decrease from the 2.2% seen in June. The annual change in CPI is a indicator, which can be used to measure inflation. Despite the change and decrease in CPI, Chinese economists think the continuous decline is not just a result of carryover effects, but of weakening market demand caused by panic over a slowing economy. For more news and videos visit ☛ english.ntdtv.com Follow us on Twitter ☛ http Add us on Facebook ☛ on.fb.me
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2012-08-10 14:21:32
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