July 10, 2019 / 1:51 AM / 3 months ago

CORRECTED-China's June PPI unchanged from year earlier; CPI up 2.7% y/y

(Corrects headline and lead to clarify PPI was unchanged from year earlier, not the rate of change)

BEIJING, July 10 (Reuters) - China’s factory prices posted no growth in June from a year earlier, data from the National Bureau of Statistics (NBS) showed on Wednesday, marking a slower-than-expected pace.

The change in the PPI was the lowest since August 2016 when the index last fell year-on-year.

Analysts polled by Reuters had expected producer price inflation to slow to 0.3% in June.

The consumer price index (CPI) in June rose 2.7% from a year earlier, in line with expectations in a Reuters poll. (Reporting by Beijing newsroom; Editing by Jacqueline Wong)

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