You are here: Home » Reuters » News
Business Standard

China May CPI up 1.8 percent, PPI up 4.1 percent

Reuters  |  BEIJING 

(Reuters) - China's annual consumer 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 poll.

The price index (PPI) rose 4.1 percent from a year earlier, accelerating from the previous month's rise of 3.4 percent, the (NBS) said on its website.

Analysts polled by had predicted would pick up to 3.9 percent in May.

has set its 2018 consumer goal at "around 3 percent", in line with last year's target.

(Reporting by Monitoring Desk; Editing by Michael Perry)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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