China’s Inflation Quickens to Fastest Pace in Three Years
This article is for subscribers only.
China’s inflation rose to a three-year high of 6.4 percent in June, a level that some analysts said may represent the peak for 2011 as price gains moderate in the second half.
The pace exceeded the 6.2 percent median estimate in a Bloomberg News survey of 19 economists. Producer prices were unchanged from the previous month, a report on the statistics bureau website showed today.