Connect with us

Bussiness

China’s inflation numbers miss expectations, rising 0.2% in June

Published

on

China’s inflation numbers miss expectations, rising 0.2% in June

Consumers are shopping at a supermarket in Qingzhou, China, on June 12, 2024. 

Nurphoto | Nurphoto | Getty Images

BEIJING — China’s consumer price inflation rose by 0.2% in June from a year ago, missing expectations, while producer prices fell in-line with forecasts, data from the National Bureau of Statistics on Wednesday showed.

China’s consumer price index was expected to rise by 0.4% year-on-year in June, according to a poll by Reuters.

Continue Reading