China's inflation eased in August, latest figures from the National Bureau of Statistics showed Friday.
The rate slowed to 6.2 percent in August from 6.5 percent in July. The figure matched economists expectations.
Separately, the statistical office reported that the producer price index rose 7.3 percent year-on-year in August, faster than the expected 7.2 percent increase.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.