China’s consumer price index (CPI) remained flat in June, year on year, while the producer price index (PPI) fell by 5.4 per cent last month, data released on Monday showed.
Deflation risks in China heightened in June amid weak demand, as consumer prices remained flat and a factory-gate price fall deepened, data released on Monday showed.
The consumer price index (CPI) was unchanged from a year earlier, down from 0.2 per cent growth in May, according to the National Bureau of Statistics (NBS).
This was below the expected rise of 0.1 per cent, according to the Chinese financial data provider Wind, and is the lowest reading since February 2021.
