China's consumer price index (CPI), which is a measure of retail price variations of consumer goods & services, rose by 2.5% year on year (YoY) in June.
The rate picked up from the 2.4% growth in May and inflation in May was lower by 0.8% from April.
The annualized CPI of China is anticipated to recover from 2.4% to 2.5% with PPI YoY likely to bounce back.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
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