China consumer prices rose 1% in June while producer prices rose 4.1%

Anniek Bao at CNBC first reported the June figures, released by the National Bureau of Statistics on Thursday. Consumer prices rose 1% against June 2025, slowing from 1.2% in May and missing the 1.1% economists expected in a Reuters poll. Core prices, which exclude food and energy, also rose 1%, down from 1.1%. Food prices fell 1.6%. The producer price index rose 4.1% against a year earlier, up from 3.9% in May and the fastest since July 2022, according to LSEG data. On the month, producer prices fell 0.3%. Tianchen Xu, senior economist at the Economist Intelligence Unit, attributed the year on year strength to a low base and said factories cannot fully pass cost increases to downstream clients.