Data released by the National Bureau of
Statistics on Saturday also pointed to stubborn deflationary
pressures among producers and manufacturers.
The producer price index fell 0.9 percent for the 29th
consecutive month, in line with forecasts for a 0.9 percent
Analysts polled by Reuters had expected consumer inflation to be
steady at 2.3 percent in July, unchanged from June.
On a monthly basis, consumer inflation ran at 0.1 percent in
July, as forecast.
China's economy has had a rocky year as growth faltered on
unsteady foreign and domestic demand.
An initial brightening in the economic outlook in the past month
as factory activity picked up was quickly eclipsed by
surprisingly weak growth in imports and the services sector,
raising questions about whether authorities need to do more to
(Reporting by Koh Gui Qing and Pete Sweeney)
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