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China Factory Deflation Eased in June With Recovery on Track

  • Consumer prices rise slightly faster on food inflation
  • High pork price inflation continues, climbing almost 82%
Top Chinese Copper Producer Tongling Nonferrous Metals Group to Defy Gloom And Ramp-Up Output
Photographer: Qilai Shen/Bloomberg
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China’s factory deflation eased back in June as the economic recovery continued, while consumer inflation ticked up.

The decline in the producer price index narrowed to 3% last month from May’s 3.7%, the National Bureau of Statistics said Thursday. The consumer price index rose 2.5% on year following a 2.4% gain the previous month. The statistics bureau earlier published statements dated 2019 which were then withdrawn.