Workers in a Chinese factory
Media playback is unsupported on your device

China inflation eases sharply amid economic slowdown

Inflation has eased sharply in China, giving policymakers more room to spur economic growth amidst a global slowdown.

Consumer price rises cooled in June to 2.2% compared to the previous year, China's statistics bureau said.

It is down from 3% in May and is well below the government target of 4%.

Dr Qian Liu, the deputy director of the forecasting service at the Economist Intelligence Unit, explained that the Chinese government is watching the figures closely.

  • 09 Jul 2012