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Asian Viewpoints

China Apr CPI up 0.9%, PPI up 6.8% on year

Asia Viewpoint: by Ma Dongwei

The National Bureau of Statistics in China announced on May 11 that the country痴 consumer price index (CPI) in April rose 0.9% on year. The CPI for April fell 0.3% from the previous month but the drop shrank by 0.2 percentage points from the previous month. Overall, prices were stable.

China痴 producer price index (PPI) in April increased by 0.9% from the previous month and by 6.8% on year. Producers purchase prices were up 1.3% from the previous month and up 9.0% on year. For the period January to April, the PPI rose 3.3% on year while producers purchase prices were up 4.3% on year. Industrial production stabilized in April. International prices for ferrous metals and non-ferrous metals increased, contributing to the rise in PPI.


Beijing : Energy Desk  Ma   +81-3-3552-2411Copyright © RIM Intelligence Co. ALL RIGHTS RESERVED.