Global Economic News

China Inflation Rises; Factory Gate Inflation Fastest Since 2008

China's consumer price inflation rose less-than-expected in May, while factory gate price growth reached its highest level since 2008 on higher commodity prices.

Consumer prices climbed 1.3 percent on a yearly basis in May versus a 0.9 percent rise in April, data from the National Bureau of Statistics revealed on Wednesday. But this was weaker than the economists' forecast of 1.6 percent.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Global Economic News