Fri. Sep 30th, 2022

247 City News

World’s Most Authentic News Portal | Latest News | Breaking News | Gulf News | US News | Sports News | Crypto News | Insurance News | UAE News | Turkey News | Politics | Gold Price | Weather Update | Dubai Gold Rate | Sports News | Prayer Time | UK News | Hollywood Movies | Live Gaming Streaming | Forex Rates | Trading Rates

China’s CPI grows faster in April

1 min read

BEIJING, May 11 — China’s consumer price index (CPI), a main gauge of inflation, posted faster growth in April as domestic demand continued to pick up, official data showed Tuesday.

The CPI rose 0.9 percent year on year in April, faster than the 0.4 percent rise recorded in March, according to data from the National Bureau of Statistics (NBS).

On a monthly basis, the CPI fell 0.3 percent in April, compared with the 0.5 percent decline in March.

The domestic consumer demand continued to recover and overall prices were kept stable last month, said Dong Lijuan, an NBS senior statistician.

 

Source: XINHUANET

Copyright © All rights reserved. | All content is copyrighted © 2019-2020 by 247 City News. This material should not be published, broadcast, rewritten, redistributed or derived from. Unless otherwise prior consent, Technical feedback? [email protected]