Economic Buzz: China Consumer Prices Jump 2.1% On Year In April

11 May 2022 , 09:52 AM

,p> Consumer prices in China were up 2.1 percent on year in April, according to the National Bureau of Statistics. On a monthly basis, inflation rose 0.4 percent – again beating forecasts for a gain of 0.2 percent following the flat reading from the previous month. The bureau also said that producer prices spiked 8.0 percent on year, beating expectations for a gain of 7.7 percent but slowing from the 8.3 percent increase a month earlier.Powered by Commodity Insights