China's May CPI hit 1.2% year-over-year, missing the 1.3% estimate, while producer prices surged to their highest since 2022. Here's what it means for

Producer and consumer prices miss market expectations amid easing geopolitical tensions

China's consumer inflation remained moderate in June, while factory-gate price growth accelerated for a fourth straight month.

BEIJING - China's producer price index (PPI), which measures costs for goods at the factory gate, went up 4.1 percent year-on-year in June, the National Bureau of Statistics (NBS)…