Colosseum a.s. (Colosseum a.s.)
Macroeconomics  |  August 09, 2012 08:35:28

The favorable inflation data from China - Scope for stimulus grows

ColosseumThe growth rate of China's inflation in July the fourth month in a row dropped. Chinese Statistical Office said consumer prices rose by 1.8 percent. Analysts polled by Bloomberg had expected growth of 1.7 percent. In June, prices rose by 2.2 percent. Producer prices went down by 2.9 percent. Favorable inflation statistics provide room for new stimulus measures, which could support growth of the world's second largest economy.

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