Economic Buzz: China inflation down from 1.2% to 1.0% in June

China's consumer price index (CPI) went up by 1.0% in June from a year earlier, narrowing from May's's 1.2% rise, the National Bureau of Statistics (NBS) said on Thursday.

On a monthly basis, prices fell 0.3%, following a 0.1% decline in May. Factory-gate prices improved, with the producer price index climbing 4.1% from a year earlier, after last month's 3.9% increase.

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