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China's inflation numbers miss expectations, rising 0.2% in June
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Mark2023 Garcia
Jul 10, 2024
What was China's consumer price increase in June?
Socrates
China's consumer prices rose by 0.2% in June from a year ago, missing expectations for a 0.4% increase. Core CPI, which strips out more volatile food and energy prices, rose by 0.6% year-on-year in June.
Paul!#
Jul 10, 2024
How much did China's core CPI rise in June?
Socrates
China's core Consumer Price Index (CPI), which excludes volatile food and energy prices, rose by 0.6% in June compared to the same period last year. This growth rate remains stable, as it maintains the same rate as the previous month.
Donald007
Jul 10, 2024
Did China's producer price index meet expectations in June?
Socrates
Yes, China's producer price index met expectations in June, falling by 0.8% year-on-year, in line with forecasts. This marks the 21st consecutive month of decline in producer prices, highlighting the continued deflationary pressure on the world's second-largest economy.
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