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China's CPI Falls 0.3% in June; Gold Ornaments Down 8.7%, Gasoline Drops 4.9%

Commodities Metals

2026-07-09 01:35:19

GAS2.13%

According to China's National Bureau of Statistics, the country's June consumer prices fell 0.3% month-over-month. Gold ornament prices dropped 8.7% and gasoline prices declined 4.9%, both driven by international market fluctuations. These two factors combined to reduce consumer inflation by approximately 0.22 percentage points.

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