According to the latest data published by China’s the National Bureau of Statistics  (NBS), the  Chinese  Consumer Price Index (MoM) (June) came in at -0.1% vs 0.0% exp and  -0.2% last, while  Consumer Price Index (YoY) (June) 1.9% vs 1.9% exp and 1.8% last. Meanwhile, China’s Producer Price Index (YoY) (June) arrived at 4.7% vs 4.5% exp and  4.1% last. About China CPI The Consumer Price Index is released by the  National Bureau of Statistics of China. It is a measure of retail price variations within a representative basket of goods and services. The result is a comprehensive summary of the results extracted from the urban consumer price index and rural consumer price index. The purchase power of the CNY is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. A substantial consumer price index increase would indicate that inflation has become a destabilizing factor in the economy, potentially prompting  The People’s Bank of China  to tighten monetary policy and fiscal policy risk. Generally speaking, a high reading is seen as positive (or bullish) for the CNY, while a low reading is seen as negative (or Bearish) for the CNY. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Australia NAB business confidence steadies at 15 in June FX Street 4 years According to the latest data published by China's the National Bureau of Statistics  (NBS), the  Chinese  Consumer Price Index (MoM) (June) came in at -0.1% vs 0.0% exp and  -0.2% last, while  Consumer Price Index (YoY) (June) 1.9% vs 1.9% exp and 1.8% last. Meanwhile, China's Producer Price Index (YoY) (June) arrived at 4.7% vs 4.5% exp and  4.1% last. About China CPI The Consumer Price Index is released by the  National Bureau of Statistics of China. It is a measure of retail price variations within a representative basket of goods and services. The result is a comprehensive summary of… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.