China's consumer inflation up slightly in June

China's consumer inflation edged up slightly in June while stubbornly weak producer prices fell again, data that could affirm worries about a sluggish Chinese economy which is also smarting from a share market rout.

China's consumer inflation quickened to 1.4% year-on-year in June, beating market expectations. 

Analysts polled by Reuters predicted the June index would come in at 1.3%, compared with 1.2% posted the prior month.

The producer price index fell 4.8% in June from a year earlier, the National Bureau of Statistics said on Thursday.

The market had expected producer prices to decline 4.5% on an annual basis after a fall of 4.6% in May.