Economic Watch: China's CPI continues climb, factory prices

Economic Watch: China's CPI continues climb, factory prices pick up pace(1)


2021-05-12 09:45   By: Xinhua
 
People shop at a supermarket in Tangshan, north China's Hebei Province, May 11, 2021. China's consumer inflation rose further in April, while factory-gate prices picked up the growth pace due to increasing commodity prices and the country's solid recovery momentum, according to official data released Tuesday. The consumer price index (CPI), a main gauge of inflation, rose 0.9 percent year on year in April, up from the 0.4-percent growth rate in March, according to data from the National Bureau of Statistics (NBS). (Photo by Li Lei/Xinhua)
BEIJING, May 11 (Xinhua) -- China's consumer inflation rose further in April, while factory-gate prices picked up the growth pace due to increasing commodity prices and the country's solid recovery momentum, according to official data released Tuesday.

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