China’s consumer price growth was weaker than expected in May while factory price deflation eased slightly as the world’s second-largest economy tried to shake off weak domestic consumption and investor sentiment.
The consumer price index rose 0.3 per cent in May, official data from the National Bureau of Statistics showed on Wednesday, equalling the previous month’s increase but less than a forecast of 0.4 per cent growth by a Reuters poll of analysts.
The producer price index declined 1.4 per cent in May, easing from a 2.5 per cent contraction in April. Analysts had forecast a fall of 1.5 per cent as Chinese industry received a boost from strong exports last month.
您已阅读23%（673字），剩余77%（2316字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。