Dow Jones, with a staff reporter
China's consumer price index rose 2.7 per cent in July from a year earlier, unchanged from the on-year rise in June, according to data from the National Bureau of Statistics.
The rise in the key inflation gauge undershot the median 2.8 per cent gain forecast by 14 economists in a Dow Jones Newswires survey.
The CPI also increased 0.1 per cent in July from June. In June, it held level with the preceding month.
Producer prices fall
Meanwhile, China's producer price index fell 2.3 per cent in July from a year earlier, slower than a 2.7 per cent on-year fall in June.
The fall was larger than the median forecast of a 2.2 per cent decline by 14 economists in a Dow Jones Newswires survey.
The PPI also declined 0.3 per cent in July from June. In June, it fell 0.6 per cent from the preceding month.