China’s CPI Growth Eases, PPI Fall Deepens
May 21, 2020
3 minutes
Copyedited by Madhusudan Chaubey
China’s consumer inflation eased further in April on falling food prices as the country fast-tracked restoration of economic activities, while factory-gate prices continued to be bogged down by epidemic-dented demand, official data showed on May 12.
The consumer price index (CPI), the main gauge of inflation, grew 3.3 percent year on year last month, moderating from the 4.3-percent gain in March, according to data from
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