China’s producer price inflation rose 4.1% year-on-year in June, matching the forecast in a Reuters poll. The index had risen 3.9% in May. Compared with the previous month, PPI dropped 0.3% in June.
The consumer price index (CPI) climbed 1.0% from the same month last year, after gaining 1.2% in May. Economists polled by Reuters had expected a 1.1% increase.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.