BEIJING—China’s producer prices flatlined in June on lower oil prices and weak global demand, fueling concerns that a slowdown in manufacturing from a bruising trade war will further drag on growth in the world’s second-biggest economy.
The producer price index (PPI) showed no growth in June from a year earlier, the National Bureau of Statistics (NBS) said on July 10. That compared with a 0.6 percent rise in May and a gain of 0.3 percent forecast by economists in a Reuters poll.
