China Inflation Cools Further as Consumer Prices Ease, Producer Inflation Hits Three-Year High

China’s consumer inflation eased further in June, highlighting subdued domestic price pressures even as producer inflation climbed to its highest level in nearly three years. Consumer prices fell -0.3% mom, steeper than the expected -0.2% decline, while annual CPI slowed from 1.2% yoy to 1.0%, undershooting expectations of 1.1%. Core CPI also edged down from […]

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