China’s June 2026 CPI rises 1%; PPI remains above 4%

China’s consumer price index (CPI), the country’s main measure of inflation, rose 1 per cent year on year (YoY) in June, according to the National Bureau of Statistics (NBS).Core CPI, which excludes food and energy prices, also increased 1 per cent YoY, while the headline CPI edged down 0.3 per cent on a month-on-month (MoM) basis.

China’s consumer inflation accelerated in June, with the CPI rising 1 per cent year on year (YoY), while factory-gate inflation remained stronger as the PPI increased 4.1 per cent.
Both the CPI and PPI edged down 0.3 per cent on a month-on-month (MoM) basis.
Lower crude oil prices pressured energy sectors, while industrial upgrading lifted select industries.

China’s producer price index (PPI), which measures prices at the factory gate, increased 4.1 per cent year on year in June. On a MoM basis, the PPI declined 0.3 per cent.

NBS statistician Dong Lijuan attributed the monthly decline in producer prices partly to lower international crude oil prices, which reduced prices across related domestic industries. Seasonal factors also resulted in differing price movements across the energy sector. At the same time, faster industrial upgrading strengthened demand and pushed up prices in sectors such as new materials and industrial robots, as reported by local media.

Fibre2Fashion News Desk (JP)