China consumer inflation stable in May, factory-gate inflation eased to lowest since March 2021

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China's consumer inflation maintained steady in May, while factory-gate inflation eased to the lowest level since March 2021. Analysts believe that increased demand after relaxation of coronavirus curbs could contribute to a rise in China’s consumer inflation later this year, while factory-gate prices may decline further in the coming months due to base effects.

The consumer price index (CPI) rose by 2.1% in May from a year earlier, unchanged from . . .

 

 

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