🇨🇳 China's 41-month deflation subsidy ends as PPI hits a near four-year high Home Tags The week in view 🇨🇳 China's 41-month deflation subsidy ends as PPI hits a near four-year high Macro Soup Newsroom June 12, 2026 3 min read Share on X Share on Facebook Share on LinkedIn Share on Pinterest Email Copy link China's PPI rose 3.9% year on year in May, the highest since July 2022, closing 41 months of factory-gate deflation. The disinflationary goods channel that gave the Fed and ECB cover is now running in reverse. Source: Grok Imagine Read next Macro Indicators in Focus 📚 What housing starts really measure, and why single-family versus multifamily matters more than the headline Featured Post The day in view 📰 Daily Macro Roundup: 2026-09-17
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