China's CPI keeps flat in May, but PPI surges 9%

10.06.2021

The consumer price index (CPI) in China rose 1.3 percent year-on-year in May, while factory gate prices or PPI surged 9 percent, the fastest annual pace in over 12 years, according to official data released on Wednesday. Bets on a global economic recovery and easing US monetary policy have pushed...