0844 GMT - China's producer-price index may continue to rise in the near term, UOB economist Ho Woei Chen says in a note. Considering the low base of comparison, and with energy and commodity prices remaining elevated, producer inflation could accelerate beyond 4% in 3Q, she says. However, transmission to the consumer-price index will be capped by weak domestic demand and food deflation, the economist adds. UOB backs its 2026 forecasts for China's PPI to rise 2.8% and headline CPI to increase 1.3%. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
0844 GMT - China's producer-price index may continue to rise in the near term, UOB economist Ho Woei Chen says in a note. Considering the low base of comparison, and with energy and commodity prices remaining elevated, producer inflation could accelerate beyond 4% in 3Q, she says. However, transmission to the consumer-price index will be capped by weak domestic demand and food deflation, the economist adds. UOB backs its 2026 forecasts for China's PPI to rise 2.8% and headline CPI to increase 1.3%. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
June 10, 2026 04:44 ET (08:44 GMT)
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