Chinese inflation figures miss expectations of rising 0.2% in June

BEIJING – China’s consumer price inflation rose 0.2% in June from a year ago, beating expectations, while producer prices fell in line with forecasts.

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

The producer price index, which measures factory prices, fell 0.8% from a year ago – in line with expectations.

Moderate domestic demand in China has kept inflation low, unlike major economies such as the US, where prices have remained high.

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