China June Consumer Price Inflation 0%... Producer Price Index -5.4%

China's Consumer Price Index (CPI) inflation rate for June recorded 0% year-on-year.

On the 10th, the National Bureau of Statistics of China announced that the June CPI showed no change compared to the same period last year. This figure is below both the previous month's rate (0.2%) and the forecast (0.2%). As a result, China's CPI inflation rate has remained at 0% for four consecutive months following March (0.7%), April (0.1%), and May (0.2%).

The Producer Price Index (PPI) for June fell 5.4% year-on-year, marking six consecutive months of negative growth. This is lower than both the previous month's figure (-4.6%) and the forecast (-5.0%).