Chinese inflation falls for third-straight month
The fall, from 7.1% for the year to June, comes on the back of a sharp slowdown in agflation.
The result has led some analysts to predict that the People's Bank will loosen its monetary policy stance. It adopted a tight stance late last year and has raised its reserve ratio five times in 2008 to 17.5%.
Food prices are still rising rapidly - by 14.4% year-on-year. But this is way down on the 23.3% figure
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