Beijing - Saba:
China's consumer prices rose for the first time in five months in June, as producer price deflation worsened amid economic uncertainty caused by the escalating global trade war and weak domestic demand.
Data from China's National Bureau of Statistics released Wednesday showed that the consumer price index (CPI) rose 0.1% year-on-year last month, returning to growth after four consecutive months of contraction.
Economists had expected the reading to remain stable compared to the same period last year, according to a Reuters poll.
The core CPI—which excludes food and energy prices—rose 0.7% year-on-year, its largest increase in 14 months, according to the bureau's data.
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