China: Consumer inflation quickens, industrial prices continue decline

#recession … #GFC2 China #Consumer edition https://t.co/LFlIfgMRwb pic.twitter.com/NkpL5pBgUd

— Invariant Perspective (@InvariantPersp1) May 11, 2024

🇨🇳 #China Consumer #Inflation Rises, Factory Price Drop Continues – Bloomberghttps://t.co/V5KF35Tuil pic.twitter.com/7GT29WWWIZ

— Christophe Barraud🛢🐳 (@C_Barraud) May 11, 2024

China’s consumer inflation quickened in April, holding above zero for a third month, while industrial prices extended a long decline that highlights weak demand in the economy.

The consumer price index rose 0.3% from a year earlier, the National Bureau of Statistics said Saturday. That compares with an increase of 0.1% in March and a median forecast of 0.2% in a Bloomberg survey of economists.

https://www.bloomberg.com/news/articles/2024-05-11/china-consumer-inflation-edges-up-factory-prices-extend-slump?srnd=economics-v2&sref=ZVajCYcV