Chinese Inflation Data…

By IBTimes Staff Reporter | July 09 2011 12:05 PM

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The Chinese economy released earlier today it's year-on-year CPI and PPI readings for the month of June, where the CPI rose by 6.4%, compared with the previous reading of 5.5%, and slightly above the expectations of 6.2%.

Meanwhile the PPI also rose by 7.1% in June, compared with the previous reading of 6.8%, and above the expectations of 6.9%.

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