Chinese PPI has risen less than expected from an annualised rate of -2.7% in May to -2.3% in June

Chinese PPI has risen less than expected from an annualised rate of -2.7% in May to -2.3% in June. Analysts had expected a rise to -2.2% last month. The CPI was unchanged at an annualised rate of 2.7% from May to June, whilst analysts had predicted a rise to 2.8%.