BUSINESS China's producer prices up 0.6 pct in May

BUSINESS

China's producer prices up 0.6 pct in May

Xinhua

10:30, June 12, 2019

BEIJING, June 12 (Xinhua) -- China's producer price index, which measures costs for goods at the factory gate, rose 0.6 percent year on year in May, the National Bureau of Statistics (NBS) said Wednesday.

VCG111219038070.jpg

(Photo: VCG)

The pace was slower than the 0.9-percent increase recorded in April, NBS data showed.

On a monthly basis, producer prices went up 0.2 percent in May, narrowing from the 0.3-percent increase in April.

In the first five months, the index climbed 0.4 percent from the same period a year earlier.

Factory prices of production materials grew 0.6 percent year on year in May, down from the 0.9-percent increase a month earlier.

Consumer goods prices rose 0.9 percent year on year in May, flat with that in April.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue