China's producer prices up 0.3% in H1

BEIJING - China's producer price index, which measures costs for goods at the factory gate, rose 0.3 percent year-on-year in the first half of 2019, the National Bureau of Statistics (NBS) said Wednesday.

In June, the index was flat with the same period last year, according to the NBS.

On a monthly basis, producer prices went down 0.3 percent in June, compared with the 0.2-percent growth in May.

Factory prices of production materials dropped 0.3 percent year-on-year in June, compared with the 0.6-percent growth in May.

Consumer goods prices gained 0.9 percent year-on-year in June, flat with the growth in May.