CNBC·3 min read·hard
China consumer price growth weakens in June, producer inflation quickens
A
Anniek Bao
✦AI Summary
China's consumer price growth slowed to 1% in June, while producer inflation accelerated to 4.1% due to rising energy and tech-related costs. The data highlights a persistent weakness in domestic demand despite growth in manufacturing activity.
China's consumer prices grew slower than expected in June, while wholesale inflation accelerated, as elevated energy costs continued to sap domestic demand.
businesseconomytechnology
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