China's official inflation holds at 1.0%, with pork prices down 16%

China's consumer prices rose only 1.0% in June 2026 compared to a year ago. This low inflation number is largely due to falling food prices, especially pork.

China's economy has struggled with weak consumer demand and deflationary pressures. This data confirms those pressures continue, particularly for essential goods. This means China's central bank will likely keep monetary policy loose to try and stimulate spending.