China's consumer prices rose 0.2% in June, below expected 0.4%, while producer price index fell 0.8% YoY.
China's consumer prices rose by 0.2% in June, missing expectations for a 0.4% increase. Core CPI, which excludes food and energy prices, rose by 0.6% year-on-year. China's producer price index fell by 0.8% year-on-year in June, in line with forecasts. Beijing's support measures have set a bumpy economic recovery in motion for the world's second-largest economy.
July 10, 2024
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