Economic Buzz: China Consumer Prices Up 2.1% On Year In May

10 Jun 2022 , 09:29 AM

China consumer prices were up 2.1 percent on year in May, the National Bureau of Statistics said on Friday. On a monthly basis, inflation was down 0.2 percent versus expectations for a decline of 0.3 percent following the 0.4 percent increase in April. The bureau also said that producer prices jumped 6.4 percent on year, down from 8.0 percent in the previous month. Powered by Commodity Insights