China: Consumer inflation quickens, industrial prices continue decline

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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.

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

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