China’s consumer prices rise less than expected in May, PPI deflation eases

World economics and inflation control concept

Funtap/iStock via Getty Images

China's consumer prices rose at a steady rate in May, while producer price deflation moderated slightly, indicating that measures taken by the Chinese government to stimulate the economy are beginning to show positive results.

China's annual inflation rate was 0.3% in May 2024, unchanged

The post China’s consumer prices rise less than expected in May, PPI deflation eases first appeared on Investorempires.com.