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China May CPI up 1.8 percent, PPI up 4.1 percent

Reuters  |  BEIJING 

BEIJING (Reuters) - China's annual consumer inflation was steady at 1.8 percent in May, unchanged from April and in line with economists' forecasts, official data showed on Saturday.The consumer price index (CPI) had been expected to rise 1.8 percent from a year earlier, according to a Reuters poll.The producer price index (PPI) rose 4.1 percent from a year earlier, accelerating from the previous month's rise of 3.4 percent, the National Bureau of Statistics (NBS) said on its website.Analysts polled by Reuters had predicted producer inflation would pick up to 3.9 percent in May.China has set ...

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First Published: Sat, June 09 2018. 08:38 IST