CPI expected to increase between 6.1%-6.3% in August.

By bne IntelliNews August 31, 2011
China's Consumer Price Index (CPI) is expected to increase between 6.1%-6.3% in August this year. As reported by Dow Jones International News, the inflation is expected to moderate this month as compared to the 6.5% increase posted in July, which was the peak level achieved so far this year. The inflationary pressures are likely to show consistency this year, although increase in CPI is likely to moderate owing to the weaker base effect in the year-earlier period.

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