China's inflation accelerated unexpectedly on energy prices in April, data from the National Bureau of Statistics showed Monday.
Consumer price inflation rose to 1.2 percent in April from 1.0 percent in March. Prices were expected to rise 0.9 percent.
At the same time, core inflation edged up to 1.2 percent from 1.1 percent a month ago.
Another data from the NBS showed that producer prices increased at a stronger pace in April. Factory gate inflation climbed to 2.8 percent from 0.5 percent in March. Economists had expected the rate to climb to 1.5 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.