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In Foreign Affairs

Chinese producer prices fell further than expected

9th August 2019

Chinese producer prices fell further than expected Pin It

The prices charged by Chinese producers for their products fell by 0.3 percent in July compared to a year earlier. This became apparent on Friday from data from the national statistics office.

The fall in producer prices amounted to 0.3 percent. Economists predicted a smaller minus of 0.1 percent on average. Producer prices stagnated a month earlier. Consumer prices in the second economy of the world increased by 2.8 percent on an annual basis. A month earlier, inflation was 2.7 percent.

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