China's consumer prices rise for first time in five months
The consumer price index edged up 0.1% last month from a year earlier, reversing a 0.1% drop in May, National Bureau of Statistics data showed on Wednesday, above a Reuters poll prediction of an unchanged outcome.
The CPI was down 0.1% on a monthly basis, versus a 0.2% decline in May, and in line with economist forecasts of a 0.1% drop.
The producer price index fell 3.6% in June from a year earlier, worse than a 3.3% decline in May and the largest fall since July 2023. That compared with expectation of a 3.2% slide in the Reuters poll.
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