China's consumer prices logged a steady growth in May and producer price inflation accelerated to its highest level in nearly four years on higher energy costs, 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.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
by Renju Jaya
For comments and feedback: contact editorial@rttnews.com