Logo 10 Jul 2024

Producer price data on the up, but consumer prices disappoint

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China's consumer price growth remained sluggish in June.
Per inflation data released by the stats bureau (NBS) on Wednesday:

The June consumer price index (CPI) grew 0.2% y/y, down from 0.3% growth the previous month.
Meanwhile, the producer price index (PPI) contracted 0.8% y/y, an improvement fro...