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Economy And The Numbers

China's Inflation Slows In June; Factory Gate Price Growth Eases

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

China's consumer price inflation eased in June on falling food prices and factory gate price growth slowed, driven by the leveling off in global commodity prices, data from the National Bureau of Statistics showed on Friday.Consumer prices rose 1.1 percent year-on-year in June, slower than the 1.3 percent increase seen in May. The rate was forecast to remain unchanged at 1.3 percent. Core inflatio...

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