China's inflation falls slightly, economy grows by 10 percent

China's inflation falls slightly, economy grows by 10 percent

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The transcript discusses the continued development of the national economy in line with macroeconomic control expectations, maintaining a stable and relatively fast growth. The GDP for the first half of the year is calculated at $13,619 billion, showing a 4.4% year-on-year increase, which is a 1.8 percentage point decrease from the previous year. The consumer price index (CPI) rose by 7.9% in the first half of the year, with a 7.1% increase in June compared to the previous year, showing a slight decrease from the previous month. Pork prices saw significant fluctuations, with a 48% year-on-year increase in May, decreasing by 20.3 percentage points from the previous month, and a 30.4% increase in June, decreasing by 17.6 percentage points.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How much did the consumer price index (CPI) increase in the first half of the year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the change in pork prices in May compared to the previous year?

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