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China’s April inflation comes in slightly higher than expected
Consumer prices in China rose at a faster pace than expected, with the consumer price index in April recording a 0.3% increase year-on-year, data from the National Bureau of Statistics on Saturday showed.
This was higher than the 0.2% forecast by a Reuters poll of economists, and more than the 0.1% rise seen in March.
Separately, China’s producer price index fell 2.5% compared to April last year, compared to a 2.8% decline in the previous month.
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Deep SeaOP : Higher inflation is good news, as it will show China is not suffering from deflation and the Chinese consumers are spending. This also shows China economy is on the rebound.
蛤蛤 : Again, don't trust china data. China reit will be down trend at least for another few year for sure