China's property market continues to recover in H2: NDRC

China's top economic planner said on Monday the property market was likely continue to improve in the second half of this year, a good sign for the broad economy. 

PHOTO: REUTERS

AUG 10, 201511:08 AM

[BEIJING] China's top economic planner said on Monday the property market was likely continue to improve in the second half of this year, a good sign for the broad economy.

China's consumer prices are expected to stabilise and start to pick up in the second half of 2015, the National Development and Reform Commission(NDRC) said on a statement on its website.

China's annual consumer inflation remained muted at 1.6 per cent despite pork prices surging in July, and in line with forecasts and slightly higher than June's 1.4 per cent.

REUTERS