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China's CPI rises 1.0% on year in June

2:49pm 09 Jul, 2026 Stella Chen

Guangzhou (JLC), July 9, 2026--China's consumer price index (CPI), a main gauge of inflation, gained 1.0% year on year in June 2026, according to the latest data from the National Bureau of Statistics (NBS).

 

This marked the ninth consecutive month of increase.

 

The core CPI in the month, excluding food and energy prices, also rose by 1.0% year on year, slowing from a growth of 1.1% in the previous month.

 

On a month-on-month comparison, however, the CPI decreased by 0.3% in June, the NBS data shows. The decline was mainly due to seasonality.

 

In the first half (H1) of 2026, the CPI went up by 1.0% from the same period of 2025.

 

CPI, PPI 

 

Meanwhile, China's producer price index (PPI), which measures costs for goods at the factory gate, climbed by 4.1% year on year but fell by 0.3% month on month in June, the NBS data indicates.

 

In H1, the PPI swelled by 1.5% from the corresponding period of last year.

 

CPI, PPI