In July this year, China’s consumer price index (CPI) indicated a year-on-year increase of 2.1 percent, up 0.2 percentage points compared to the year-on-year growth rate recorded in June, according to the data released by China's National Bureau of Statistics (NBS). In the first seven months of the year, China’s consumer price index (CPI) indicated a year-on-year increase of 2.0 percent.
Meanwhile, China’s consumer price index (CPI) recorded a month-on-month decrease of 0.3 percent in July.