BEIJING: China's producer deflation deepened to its worst level in almost two years in June as the economy grapples with uncertainty over a global trade war and subdued demand at home, piling pressure on policymakers to roll out more support measures.
While consumer prices rose for the first time in five months, the upturn was marginal as a prolonged housing market downturn in the world's second-biggest economy added to headwinds from U.S. President Donald Trump's tariffs on trading partners.
