China's Consumer Price Inflation Up by 0.2%, Producer Prices in Line with Forecasts

Wednesday, 10 July 2024, 01:45

China's inflation data for June shows consumer price inflation increasing by 0.2%, falling below market expectations. On the other hand, producer prices aligned with forecasts. This indicates a mixed picture for China's economy, with consumer prices facing upward pressure while producer prices remain stable.
CNBC
China's Consumer Price Inflation Up by 0.2%, Producer Prices in Line with Forecasts

China's Inflation Report for June

China's consumer price inflation rose by 0.2% in June from a year ago, missed expectations. Producer prices remained in-line with forecasts.

Key Points:

  • Consumer Prices: Increased by 0.2%
  • Producer Prices: Aligned with Forecasts

Overall, the data reflects diverging trends in consumer and producer prices, hinting at potential economic challenges ahead.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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