China's June inflation data misses expectations

China's shaper prices sank much than expected, authoritative information showed Monday, underscoring the challenges that beset the world's second-largest system successful revitalizing maturation momentum.

Producer prices sank 5.4% successful June from a twelvemonth earlier, according to China's National Bureau of Statistics. This was weaker than a Reuters canvass that had expected a 5.0% decline, compared with the 4.6% diminution successful May.

Annual user terms ostentation was level successful June, weaker than expectations for a 0.2% emergence successful a Reuters canvass and the 0.2% emergence successful May. Monthly user terms ostentation successful June was weaker 0.2%, weaker than expectations for level maturation and the 0.2% diminution successful May.