China's PPI rose 4.1% year on year in June, the strongest gain since 2022, but slipped to −0.3% month-on-month as the Iran-conflict oil spike fades. Consumer price growth cooled to a five-month low of 1.0%.
YCC Macro analysis indicates China's producer price momentum paused in June after earlier surges, with monthly declines likely tied to lower oil prices even as annual figures remained strong due to base effects. Source
