China’s inflation figures fell short of expectations, rising 0.2% in June

Consumers shop for groceries at a supermarket in Qingzhou, China, on June 12, 2024.

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BEIJING — China’s consumer price inflation rose 0.2% in June from a year ago, missing expectations, while producer prices fell in line with forecasts, data from the National Bureau of Statistics showed on Wednesday.

China’s consumer price index is expected to rise 0.4% year-on-year in June, according to a Reuters poll.

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