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10 Jul 2023
China’s CPI inflation arrives at 0% YoY in June vs. 0.2% previous
China’s annual Consumer Price Index (CPI) showed no growth in June, compared with the 0.2% annual gain seen in May, according to the latest data published by the National Bureau of Statistics (NBS) on Monday.
On a monthly basis, the country’s CPI dropped 0.2% in June versus -0.2% decrease recorded in May.
China’s Producer Price Index (PPI) declined 5.4% YoY in June as against a 4.6% drop booked previously.