China's Consumer Inflation Rate Trends Downward in June, PPI Drops Significantly
Wednesday, 10 July 2024, 05:13
China's Consumer Inflation Trend
The overall consumer inflation rate in China dipped to 0.2% in June 2024, showing a consistent decline over the past five months.
Producer Price Index (PPI) Decline
Conversely, the PPI witnessed a significant 0.8% drop during the same period, reflecting challenges in production and demand.
- Lowest Inflation Rate Since: June 2024 marks the lowest rate of consumer inflation in recent months.
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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