China’s May CPI edges up 0.2%, PPI falls 4.6% YoY
China’s Consumer Price Index (CPI) inched up 0.2% on year but fell 0.2% on month in May, while the country’s Producer Price Index (PPI) slid at a faster pace by 4.6% on year and lost 0.9% on month, according to the latest data released by the country’s National Bureau of Statistics (NBS) on June 9th.
China’s Jan-May foreign trade value climbs 4.7%
China’s foreign trade value marked a 4.7% on-year growth over January-May to reach Yuan 16.77 trillion ($2.44 trillion), according to the latest data released by the country’s General Administration of Customs (GACC) on June 7. Within the total, the country’s export value amounted to Yuan 9.62 trillion in the past five months, growing by 8.1% on year, and that of imports saw an uptick of 0.5% on year to Yuan 7.15 trillion, the Customs data show.
China’s May manufacturing PMI slips further to 48.8
In May, China’s Purchasing Managers’ Index (PMI) for the manufacturing industry had inched down for the third month by another 0.4 index point on month to 48.8, or having hovered in the contraction zone for the second month, according to the latest release by the country’s National Bureau of Statistics (NBS).
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