China’s Producer Prices Drop Sharply Amid Ongoing Deflation
TL;DR Summary
China's producer prices fell by 3.6% in June, the largest decline in nearly two years, deepening deflation amid ongoing price wars and overcapacity issues, while consumer prices showed slight growth, prompting concerns over sustained economic slowdown and the need for policy stimulus.
- China’s producer prices fall 3.6% in June, biggest drop in nearly two years as deflation deepens CNBC
- China's factory-gate deflation worst in 2 years as trade war bites Yahoo Finance
- China’s Downward Price Pressures Stayed Elevated in June WSJ
- China producer price deflation deepens as trade war bites Financial Times
- China Producer Prices Fall Most Since 2023 as Deflation Lingers Bloomberg
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