date:Jul 10, 2014
The consumer price index, a main gauge of inflation, grew 2.3 percent year on year in June, down from 2.5 percent in May, China's National Bureau of Statistics (NBS) announced on Wednesday.
The growth was in line with previous market forecasts that the CPI would further moderate in June from the previous month. NBS data also showed the inflation rate in the world's second-largest economy stood at 2.3 percent in the first half of 2014.
The lower inflation rate last month was mainly because of l