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.
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.
ALCHEMPro News Desk (SG)
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