Home›Global Markets›Asia›China consumer price growth slows while producer infla…

China consumer price growth slows while producer inflation rises

China producer inflation rose to a near four-year high in June, highlighting pressure from stronger factory-gate prices alongside weaker consumer demand, according to CNBC Economy.

Reported · Written up by our desk · Asia

CNBC Economy reports that China’s consumer price growth weakened in June while producer inflation rose to a near four-year high.

The outlet said investors increasingly see China’s economy as characterized by a two-speed pattern, with robust export activity and tepid domestic demand.

More like this

Sources