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China July Data May Show Economy Slowed, Inflation Rose: UBS

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Aug. 4 (Bloomberg) -- China’s economy probably slowed and the inflation rate climbed back to above 3 percent in July, according to UBS AG.

The nation’s consumer prices probably rose to 3.3 percent last month, boosted by food prices, Tao Wang, head of China Economic Research at UBS, wrote in a note to clients today. Growth in fixed-asset investment and industrial production slowed, she said. The statistics bureau will release July data on consumer prices, retail sales, industrial production and fixed-asset investment on Aug. 11.

To contact the editor responsible for this story: Allen Wan at awan3@bloomberg.net

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