emirates7 - China's Producer Price Index (PPI), which measures costs for goods at the factory gate, rose 3.9 percent year-on-year in May, the National Bureau of Statistics (NBS) said today.
On a month-on-month basis, the PPI increased 0.5 percent in May, down from 1.7 percent in April, according to NBS data.
The Consumer Price Index (CPI), a key gauge of inflation, also increased 1.2 percent year-on-year in May.
On a month-on-month basis, the PPI increased 0.5 percent in May, down from 1.7 percent in April, according to NBS data.
The Consumer Price Index (CPI), a key gauge of inflation, also increased 1.2 percent year-on-year in May.
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