Economy And The Numbers
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China Inflation Eases To 3.4%

5/10/2012 10:23 PM ET

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.

by RTT Staff Writer

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