China’s producer prices fall 3.6% in June, biggest drop in nearly two years as deflation deepens
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最新报道：China's producer prices fell sharply in June, marking the steepest decline in nearly two years as industrial overcapacity fuels a deepening price war. The producer price index (PPI) dropped 3.1% year-on-year, worse than May's 2.8% decline, according to National Bureau of Statistics data. Meanwhile, consumer inflation remained subdued with the CPI rising just 0.2% annually, unchanged from May. The widening PPI-CPI gap reflects persistent deflationary pressures in manufacturing despite government stimulus efforts. Analysts warn the prolonged factory-gate price slump could squeeze corporate profits and dampen economic recovery momentum.
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