China's consumer prices logged a steady growth in May and producer price inflation accelerated, official data showed Wednesday.
Consumer prices increased 1.2 percent year-on-year in May, the same rate as seen in April, the National Bureau of Statistics said. This was slightly weaker than forecast of 1.3 percent.
Core inflation that excludes food and energy slowed to 1.1 percent from 1.2 percent in the previous month.
For comments and feedback contact: editorial@rttnews.com
Business News
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.