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9th Jun 2023 15:29China+, Weekly Monitor

  • Chinese producer prices slumped in May, thanks to excess production capacity and soggy demand.
  • Upstream sectors are suffering the sharpest price falls, pulled down by soft global commodity prices.
  • Consumer inflation remained sluggish in May, as people hold back from buying big-ticket items.

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Keywords for: 12 June 2023 China+ Monitor

commodity, inflation, June, producer prices, production, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence