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China's CPI rises 0.3% YoY, 0.1% MoM in Apr 2024; core CPI up 0.7% YoY

12 May '24
1 min read
China's CPI rises 0.3% YoY, 0.1% MoM in Apr 2024; core CPI up 0.7% YoY
Pic: Adobe Stock

Insights

  • China's consumer price index (CPI) increased by 0.3 per cent YoY in April, according to the National Bureau of Statistics.
  • It rose by 0.1 per cent in the month on a monthly basis, reversing the 1-per cent drop from the previous month.
  • The core CPI, excluding food and energy prices, went up by 0.7 per cent YoY in the month, expanding by 0.1 percentage points
The consumer price index (CPI) in China, a primary gauge of inflation, increased by 0.3 per cent year on year (YoY) in April this year, according to data from the National Bureau of Statistics (NBS).

It rose by 0.1 per cent in the month on a monthly basis, reversing the 1-per cent drop from the previous month.

The core CPI, excluding food and energy prices, went up by 0.7 per cent YoY in the month, expanding by 0.1 percentage points from March, a state-controlled news agency reported.

Fibre2Fashion News Desk (DS)

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