CNIRYYJune/2025
source: National Bureau of Statistics of China
- China’s consumer prices rose by 0.1% yoy in June 2025,
reversing a 0.1% drop in the previous three months and surpassing market forecasts of a flat reading.
It marked the first annual increase in consumer inflation since January, driven by e-commerce shopping events, increased subsidies for consumer goods from Beijing, and easing trade risks with the U.S.
Core inflation, which excludes volatile food and fuel prices, rose 0.7% yoy, marking the highest reading in 14 months and following a 0.6% gain in May.
On a monthly basis, the CPI fell 0.1%, after May's 0.2% drop, pointing to the fourth monthly decline this year.
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