China's consumer inflation quickens to 2.5 pct

Time:2019-05-09 10:30:48      Source: xinhuanet.com

China's consumer price index (CPI), the main gauge of inflation, grew 2.5 percent year on year in April, the National Bureau of Statistics (NBS) said Thursday.

The reading, in line with market expectations, accelerated from the 2.3-percent gain in March and 1.5-percent in February. On a monthly basis, consumer prices edged up 0.1 percent, compared with the 0.4-percent drop seen a month earlier.

NBS official Dong Yaxiu attributed the rise to higher prices of vegetables, pork and fruit, which rose 17.4 percent, 14.4 percent and 11.9 percent, respectively, from the same period last year due to tighter supplies.

Food prices, which account for nearly one-third of weighting in China's CPI, went up 6.1 percent year on year.

Meanwhile, China's producer price index (PPI), which measures inflation at the factory gates, rose 0.9 percent year on year last month, up from the 0.4-percent gain in March that showed improving market demand.

Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-17
Shuozhou 5200 435 0 FOR 06-17
Ordos 5500 415 0 ex-mine 06-17
Yulin 6200 535 0 ex-mine 06-17
Liulin Low-sulphur 560 0 ex-mine 06-17
Gujiao Low-sulphur 1095 0 FOR 06-17
Xingtai Low-sulphur 1210 0 ex-Factory 06-17
Yangquan PCI 770 0 FOR 06-17
Index RMB/t WoW WoW% Date
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