China's factory-gate inflation hit a 4-year high with PPI rising 4.1% YoY in June, while CPI slowed to 1.0%, highlighting a divergence between export-driven industrial strength and weak domestic consumption, with auto sales falling for a ninth consecutive month.
InvestingLive07/09, 09:44 AM
- PPI rose 4.1% year-on-year in June
- highest since July 2022
- PPI fell 0.3% month-on-month
- CPI rose 1.0% year-on-year
Figures as quoted by InvestingLive
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