China's National Bureau of Statistics said June factory-gate prices: producer
goods (production materials) fell 0.3% MoM, cutting the overall PPI by about
0.25 percentage point. By sector, mining prices were down 0.9% MoM, raw
materials down 1.2%, and manufacturing up 0.2%. Consumer goods (living
materials) fell 0.3% MoM, reducing the headline PPI by about 0.06 percentage
point; food was down 0.8%, clothing and durable consumer goods were flat, and
everyday consumer goods fell 0.1%.