China's steady inflation leaves room for monetary policy fine-tuning

China Materials 24 July 2018 15:38 (UTC +04:00)

Steady inflation trends in China in the second half of the year leave room for fine-tuning of monetary policy, the country’s state planner said on Tuesday, Reuters reports.

Inflation is expected to slow in the second half of the year, with full-year consumer inflation to be around 1.8 percent and the producer price index to be about 3.5 percent, the National Development and Reform Commission said in a statement on its website.

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