China’s Consumer Price Index (CPI) rose 0.3% YoY in April after reporting a 0.1% growth in March. The market forecast was for a 0.1% increase.
Chinese CPI inflation came in at 0.1% over the month in April versus March’s 1.0 decline.
China’s Producer Price Index (PPI) fell 2.5% YoY in April, compared with a 2.8% drop seen previously. The data missed expectations for a 2.3% decrease in the reported period