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China CPI -1.5% on Year in April

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Consumer prices in China were down 1.5 percent on year in April, the National Bureau of Statistics said on Monday, versus expectations for a 1.4 percent annual decline after the 1.2 percent fall in March and the 1.6 percent contraction in February.

Food prices were down 1.3 percent on year, while non-food prices fell an annual 1.5 percent.

The bureau also said that producer prices declined 6.6 percent on year in April, more than expectations for a 6.3 percent contraction after the 6 percent annual fall in March and the 4.5 percent decline in February.

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