Global Economic News

China's Inflation Rises Moderately; PPI Inflation Highest Since 2017

China's consumer price inflation rose moderately at a slower-than-expected pace in April, while producer prices grew at the fastest pace in more than three years driven by higher commodity prices.

Consumer price inflation rose to 0.9 percent in April from 0.4 percent in March, the National Bureau of Statistics reported Tuesday. Nonetheless, the rate was slightly below economists' forecast of 1 percent.

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by RTTNews Staff Writer

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