China's producer prices up 0.6 pct in May

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.


(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.