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China’s June CPI Rises 0.2%, Inflation Remains Steady ๐Ÿ“ˆ๐Ÿ›๏ธ

Steady Inflation in China: June CPI Climbs 0.2%

China's consumer price index (CPI), a key measure of inflation, increased by 0.2% in June compared to the same month last year, according to data released by the National Bureau of Statistics (NBS) on Wednesday. ๐Ÿ“ˆ

When excluding volatile food and energy prices, the core CPI rose by 0.6%, matching the growth seen in May. This indicates that underlying inflation pressures remain consistent. ๐Ÿ›๏ธ

On a monthly basis, the CPI dipped by 0.2% in June, a slight decrease from the 0.1% drop observed in May. This decline is attributed to seasonal factors impacting consumer spending. ๐ŸŒธ

Economists are keeping a close eye on these indicators to gauge China's economic health and make informed predictions for the coming months. Stay tuned for more updates! ๐Ÿ”โœจ

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