Inflation in China eased to 3.4 percent in April from 3.6 percent in March, the National Bureau of Statistics reported Friday.
The outcome was in line with economists' expectations. On a monthly basis, the consumer price index fell 0.1 percent.
Separately, the statistical office reported that the producer price index dropped 0.7 percent year-on-year compared to forecast for a 0.5 percent fall.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.