China's consumer inflation grew at their fastest pace in 15 months in May, driven by surging prices of pork and fruit due to supply issues stemming from the outbreak of African swine fever and poor weather conditions. However, its factory inflation moderated in May amid sluggish commodity demand and faltering manufacturing activity.
The consumer price index (CPI) in May grew 2.7 per cent from a year earlier, the fastest pace since February 2018, in line with expectations but . . .
To continue reading, please subscribe. You will get
- ORIGINAL & IN-DEPTH reporting about key trends in China's economy and financial markets
- THE WIRE 7*24 - up-to-the-minute updates, with details and data you won't find elsewhere.
- DAILY BRIEF - daily newsletter to give you a quick overview of the most important business news every day.
- QUALITY MATTERS. We provide quality information to help intelligent and professional readers make informed decisions.
GRAB THE MID-YEAR SPECIAL OFFER !
SUBSCRIBE AT $0.5 A DAY!
Contact us for group subscriptions: firstname.lastname@example.org
We highly value independence. We are solely funded by subscriptions from intelligent readers like you. Not ready for our full service? Try Free Weekly Newsletter first.
Already have an account? Sign In