Published: 09:54, July 9, 2021 | Updated: 14:37, July 9, 2021
China's consumer inflation up 1.1% year-on-year in June
By Xinhua

BEIJING - China's consumer price index (CPI), a main gauge of inflation, rose 1.1 percent year-on-year in June, data from the National Bureau of Statistics showed Friday.

The figure was lower than the 1.3 percent year-on-year growth recorded in May.

China's economy recovered steadily in June, with ample supply in the consumer market and the stable performance of consumer prices, said senior NBS statistician Dong Lijuan.

Meanwhile, China's producer price index went up 8.8 percent year-on-year in June, falling from the 9-percent growth in May, NBS data showed

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Factory-gate prices up 8.8%

Meanwhile, China's producer prices registered slower growth in June amid the country's continuous efforts to ensure supply and stabilize prices of raw materials, official data showed.

The country's producer price index (PPI), which measures costs for goods at the factory gate, went up 8.8 percent year-on-year in that month, falling from the 9-percent growth in May, the data showed.

READ MORE: Factory-gate rates grow at a fast pace

On a monthly basis, the PPI gained 0.3 percent, dropping by 1.3 percentage points from May, data from the NBS showed.

The price hike in certain industries including steel and non-ferrous metals was subdued, as their prices turned from rising to falling in June.

In the first six months, the PPI growth averaged at 5.1 percent year-on-year, according to the NBS.