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China’s steady inflation leaves room for monetary policy fine-tuning: state planner

China's steady inflation leaves room for monetary policy fine-tuning: state planner© Reuters. FILE PHOTO: Empty shopping cart is seen at a branch store of Wal-Mart in Beijing, China

BEIJING (Reuters) – Steady inflation trends in China in the second half of the year leave room for fine-tuning of monetary policy, the country’s state planner said on Tuesday.

Inflation is expected to slow in the second half of the year, with full-year consumer inflation to be around 1.8 percent and the producer price index to be about 3.5 percent, the National Development and Reform Commission said in a statement on its website.

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Source: Investing.com

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