softens

China’s consumer inflation rate softens in June amid weak domestic demand; PPI falls 0.8%

baona The annual inflation rate in China ticked lower to 0.2% in June 2024 from 0.3% in the previous month, marking the fifth consecutive month of consumer inflation, albeit the lowest rate since March, amid weak domestic demand. Meanwhile, producer prices decreased by 0.8% year-on-year, in line with forecasts andContinue Reading

China’s service activity growth softens to slowest pace in eight months

In: Finance

Igor Kutyaev The Caixin China General Services PMI declined to 51.2 in June 2024 from May’s 10-month high of 54.0, below forecasts of 53.4, expanded for the eighteenth consecutive month, although at its softest pace in eight months, as new orders and export order growth eased. The Caixin China GeneralContinue Reading

China’s consumer inflation rate softens in June amid weak domestic demand; PPI falls 0.8%

China’s service activity growth softens to slowest pace in eight months

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