Australian job advertisements in newspapers and on the internet fell 1.2 per cent in June, hinting at some softening in labour demand, a survey shows.

Read more: http://www.smh.com.au/business/job-ads-fall-for-third-month-20120709-21qn2.html#ixzz205R8L1TL

 

China’s consumer-price inflation eased to a 29-month low in June, giving Premier Wen Jiabao more room to relax economic policies after the second interest-rate cut in a month.

The consumer price index rose 2.2 percent from a year earlier, the National Bureau of Statistics said today in Beijing. That compares with the 2.3 percent median estimate in a Bloomberg News survey of 32 analysts. Producer prices dropped 2.1 percent, versus the median forecast for a 2 percent fall.