{"id":131593,"date":"2025-08-09T11:32:10","date_gmt":"2025-08-09T11:32:10","guid":{"rendered":"https:\/\/www.europesays.com\/us\/131593\/"},"modified":"2025-08-09T11:32:10","modified_gmt":"2025-08-09T11:32:10","slug":"chinas-consumer-prices-flat-in-july-while-producer-deflation-persists","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/131593\/","title":{"rendered":"China\u2019s consumer prices flat in July, while producer deflation persists"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">China\u2019s consumer prices were unchanged last month from a year ago and producer deflation persisted, suggesting that demand remains weak in the world\u2019s second-largest economy amid trade turbulence.<\/p>\n<p>The national consumer price index (CPI), a key gauge of <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/china-inflation?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">inflation<\/a>, was flat in July compared to a year ago, according to data released by the National Bureau of Statistics on Saturday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The reading beat market expectations, as a poll by financial provider Wind had forecast a 0.12 per cent decline for July. In June, the CPI rose by 0.1 per cent, year on year after four straight months of decline.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cPolicies to expand domestic demand showed results in July, resulting in a 0.4 per cent rise in CPI from June,\u201d said Dong Lijuan, a senior statistician at the bureau.<\/p>\n<p>China is grappling with persistent <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/china-deflation?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">deflationary pressures<\/a>, driven by a dual challenge of sluggish domestic demand and oversupply, with trade uncertainty hindering suppliers\u2019 ability to clear excess inventory.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">In July, consumer goods prices declined by 0.4 per cent from a year earlier, while service prices rose by 0.5 per cent, according to the statistics bureau. Food prices fell by 1.6 per cent.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Prices for other goods and services as well as clothing increased by 8 per cent and 1.7 per cent, respectively, while housing saw a rise of 0.1 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s consumer prices were unchanged last month from a year ago and producer deflation persisted, suggesting that demand&hellip;\n","protected":false},"author":3,"featured_media":131594,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[64,79956,74,79960,79961,13324,79954,79964,79963,79,79959,7065,266,5991,17909,79955,79957,79962,79958,67,132,68,11039],"class_list":{"0":"post-131593","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-challenging-labour-market","10":"tag-china","11":"tag-consumer-goods-prices","12":"tag-consumer-price-index-cpi","13":"tag-cpi","14":"tag-deflation","15":"tag-deflationary-pressures","16":"tag-domestic-demand","17":"tag-economy","18":"tag-food-prices","19":"tag-housing","20":"tag-inflation","21":"tag-july","22":"tag-national-bureau-of-statistics","23":"tag-oversupply","24":"tag-producer-price-index","25":"tag-service-prices","26":"tag-trade-turbulence","27":"tag-united-states","28":"tag-unitedstates","29":"tag-us","30":"tag-wind"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114998591069379575","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/131593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=131593"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/131593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/131594"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=131593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=131593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=131593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}