SHANGHAI: China’s consumer price index (CPI), a main gauge of inflation, grew 1.3% year-on-year (y-o-y) last month, up from 0.9% in April, the National Bureau of Statistics (NBS) said yesterday.
The CPI reading picked up as food prices rose amid a tight supply of freshwater fish and eggs, while non-food prices increased with transportation costs elevated by rising international crude oil prices, the NBS said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!