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China’s consumer price inflation slowed in June 2026, with the Consumer Price Index (CPI) rising 1.0% year-over-year, down from a 1.2% annual increase recorded in May 2026. The latest data, updated on 9 July 2026, indicate a modest easing in price pressures compared with the previous month.
Both the current and previous readings are calculated on a year-over-year basis, comparing each month’s price level to the same month a year earlier. While inflation remains in positive territory, June’s softer figure suggests a slight cooling in consumer price growth as the second half of 2026 begins. Investors and policymakers will be watching upcoming data to see whether this deceleration points to a more persistent trend in China’s price dynamics.