Consumers You can shop at a supermarket Qingzhou, China. June 12, 2024. 

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BEIJING — China’s Consumer price inflation increased by 0.2%. June Data from the OECD shows that producer prices have fallen in line with expectations but are still below what was expected. National Bureau of Statistics The following are some of the most effective ways to improve your own effectiveness. Wednesday showed.

China’s Consumer price index is expected to increase by 0.4% on an annual basis in JuneAccording to a survey by Reuters.

The producer price index, which measures factory-gate prices, dropped by 0.8% from a year ago — in line with expectations.

Core CPI, which removes more volatile food and fuel prices, grew by 0.6% in the year. JuneThe 0.7% growth rate for the first half of the year was slightly lower.

The Risk of deflation still exists China. Domestic Demand is still weak.

Zhiwei Zhang

Chief economist Pinpoint Asset Management

Pork Prices jumped by 18.1% June The price of beef has fallen by 13.4% compared to a year before. Tourism Prices increased by 3.7% in the last year. JuneThe. is down 0.8% May.

“The risk of deflation has not faded in China. Domestic demand remains weak,” Zhiwei ZhangPresident and Chief Economist at Pinpoint Asset ManagementIn a letter, he said:

He Add to that China Exports would be the main driver of growth during the first half.

The Data on international trade is due to be released by the country June The following are some of the most effective ways to improve your own effectiveness. Friday.

Lackluster Demand for domestic products China The government has managed to keep inflation low in comparison with other major economies, such as the U.S., where prices remain high.

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