Customers seen shopping for fruits and vegetables at a supermarket in Shanghai, China, June 20, 2026. /VCG
China's consumer prices maintained steady growth in June, while producer prices rose at a faster pace, reflecting resilient domestic demand despite external price fluctuations.
The consumer price index (CPI), a key gauge of inflation, rose 1.0% year on year in June, according to data released by the National Bureau of Statistics (NBS) on Thursday.
On a monthly basis, the CPI slipped 0.3%, mainly due to seasonal factors and fluctuations in global commodity prices, said Dong Lijuan, chief statistician at the NBS.
International market swings pushed domestic prices for gold jewelry and gasoline down by 8.7% and 4.9%, respectively. Food prices fell 0.4% from the previous month as seasonal fruits and vegetables entered the market in greater quantities, ensuring ample supply.
Service prices were unchanged from May after a slight decline the previous month. Lower airline fuel surcharges and softer off-season travel demand drove down prices for hotel accommodation, airfares and travel agency services.
The producer price index (PPI), which measures factory-gate prices, increased 4.1% year on year in June, supported by stronger demand in some domestic industries despite downward pressure from lower international crude oil prices.
Compared with the previous month, the PPI dropped 0.3% in June. Falling global oil prices weighed on energy-related sectors, with prices for oil and gas extraction declining 16.0% month on month and refined petroleum products falling 3.1%.
Seasonal demand also pushed up prices in several industries. As demand for coal reserves and cooling products increased during the summer, prices in the coal mining and washing industry rose 5.6% from the previous month.
Industrial upgrading continued to support price growth in advanced manufacturing. Expanding AI applications, broader use of new materials and the country's green transition drove up prices for virtual reality equipment, wearable smart devices, industrial control computers and systems, and industrial robots.
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