China’s inflation slowed sharply in June, giving the government more leeway to stimulate the stuttering economy.
The consumer price index rose 2.2 per cent in June from a year earlier, down from 3 per cent in May. Inflation is now well below the government’s target this year of a 4 per cent rate.
“Lower CPI opens room for further policy easing, which we expect will pick up,” said Zhang Zhiwei, an economist with Nomura.
您已阅读37%（420字），剩余63%（717字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。