China's Producer Prices Drop Sharply Amid Ongoing Deflation Concerns
TL;DR Summary
China's producer price index (PPI) fell by 3.6% in June, marking the worst deflation in nearly two years due to weak domestic demand and ongoing trade tensions, especially with the US. Consumer prices saw a slight increase, but overall economic activity remains subdued, prompting calls for further stimulus measures.
- China's factory-gate deflation worst in two years as trade war bites Reuters
- China’s producer prices fall 3.6% in June, biggest drop in nearly two years as deflation deepens CNBC
- China producer price deflation deepens as US trade war bites Financial Times
- China’s consumer prices edge up in June, but deflation worries persist South China Morning Post
- China Producer Prices Fall Most Since 2023 as Deflation Lingers Bloomberg.com
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
3 min
vs 4 min read
Condensed
92%
633 → 49 words
Want the full story? Read the original article
Read on Reuters