Read this in The Manila Times digital edition.
BEIJING: China can keep consumer prices within a reasonable range despite soaring inflationary pressures worldwide and food-price fluctuations in the near term, officials and analysts say.
The East Asian country's consumer price index (CPI), a main gauge of inflation, rose 2.7 percent year on year in July. Its producer price index, which measures the costs of goods at the factory gate, climbed 4.2 percent from a year earlier.
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