Meanwhile, on a month-over-month (MoM) basis, the CPI edged down 0.1 per cent and in the first half of 2025, the CPI registered a slight 0.1 per cent decline YoY.
In contrast, the Producer Price Index (PPI), which tracks prices at the factory gate, dropped 3.6 per cent in June from a year earlier, with a 0.4 per cent fall monthly. Over the January–June period, the PPI decreased by 2.8 per cent YoY.
China’s CPI rose 0.1 per cent year-over-year in June 2025, with urban prices up slightly and rural prices down 0.2 per cent, as per NBS data.
MoM, CPI dipped 0.1 per cent, while H1 saw a 0.1 per cent decline.
The country’s PPI fell 3.6 per cent annually in June and 2.8 per cent in H1, driven by lower raw material costs, renewable energy output, and export-sector price pressures.
The decline in the PPI can be attributed to seasonal drops in prices across certain domestic raw material manufacturing industries, lower energy prices driven by increased solar, wind and hydropower generation, and price pressures faced by some export-led sectors, NBS statistician Dong Lijuan was quoted as saying by Chinese media reports.
Fibre2Fashion News Desk (SG)
