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China Consumer Prices Rise At Steady Pace; Factory Gate Inflation Slows

China's consumer prices registered a steady increase in May and factory gate inflation slowed as expected to the lowest level in more than a year, official data revealed on Friday.

According to data published by the National Bureau of Statistics, consumer price inflation held steady at 2.1 percent in May, while economists had expected a slight increase to 2.2 percent.

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by Renju Jaya

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