Chinese inflation falls amid pork and vegetable prices

Source: Marketwatch
© Scanpix/Reuters
Consumer price index in the second largest economy of the world declined to 2.3% in June of the current year, more than economists forecasted before the data was released. It was projected to drop to 2.4%, down from 2.5% in May. The main drivers of decrease were pork and vegetable prices. At the same time, analysts predict the CPI to increase again by the end of the year.
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