Related News
China producer prices down 2.6% in June
Online Edition
CHINA'S producer price index (PPI), which measures costs for goods at the factory gate, slid 2.6 percent year on year in June, the National Bureau of Statistics said Sunday.
The PPI decline narrowed from a 2.8-percent decrease in May, with industrial product prices slightly rebounding consecutively in the past six months on an annual basis.
However, the June reading marked the 52nd straight month of decline as China's economic slowdown and industrial overcapacity weighed on prices.
The PPI dropped 3.9 percent year on year in the first half of 2016.
On a month-on-month basis, June's PPI edged down 0.2 percent.
Although the condition of commodity prices continued to improve, industrial product prices are unlikely to recover substantially as domestic demand remained weak, said HSBC chief China economist Qu Hongbin.
He called for measures to restore business confidence as deflation risks are still there.
The PPI figures came along with the release of the consumer price index, which rose 1.9 percent year on year in June, slowing from 2 percent in May.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
