US EditionChina's July factory-gate prices miss forecast, deflation concerns persist
CHINA, AUG 9 – China's producer prices fell 3.6% year-on-year in July, missing forecasts, while consumer prices remained stable amid weak domestic demand and ongoing trade uncertainties.
- According to China's National Bureau of Statistics, July 2025 saw a 3.6% decline in producer prices compared to the same month last year.
- The decline followed earlier drops, driven by prolonged price competition in key industries, fragile domestic demand, and trade uncertainties.
- Despite the factory-gate price drop, consumer prices were stable with the consumer price index unchanged year-on-year and core inflation rising to 0.8%.
- Economists had predicted a 0.1% decline in the CPI, but the actual data revealed a 0.4% monthly increase. However, Zhiwei Zhang cautioned that it remains uncertain whether this marks a definitive end to deflation in China.
- Policy efforts focus on curbing disorderly competition and expanding demand, yet signs suggest these steps have not yet haltered deflationary pressures or improved final demand significantly.
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China's July factory-gate prices miss forecast, deflation concerns persist
China's producer prices fell more than expected in July, while consumer prices were unchanged, underscoring the impact of sluggish domestic demand and persistent trade uncertainty on consumer and business sentiment.
·United Kingdom
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Coverage Details
Total News Sources25
Leaning Left3Leaning Right2Center7Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 25%
C 58%
R 17%
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