Despite China’s economic recovery, the threat of harmful deflation is not averted. Consumer prices in China have risen for the fifth consecutive month in June, but weak demand caused them to fall short of expectations. The Consumer Price Index (CPI) rose by 0.2 percent in June compared to the same month last year, following a 0.3 percent increase in May, the National Bureau of Statistics (NBS) reported on Wednesday. This is the slowest increase in three months and below the 0.4 percent predicted by economists in a Reuters poll.