China May PPI rises 3.9% year-over-year, matching estimates and accelerating from 2.8% prior, signaling sustained industrial price pressures.
China's May Producer Price Index (PPI) year-over-year actual came in at 3.9%, matching the estimate of 3.9%, and up from the previous reading of 2.8%.
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China consumer inflation stalls in May as factory-gate prices rise at fastest pace in nearly four years, signaling potential end to record deflation streak, Bloomberg reports.
China's consumer inflation unexpectedly stalled in May even as factory prices rose at the fastest pace in almost four years, as higher commodity costs bring closer the end of a record streak of economy-wide deflation.
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