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China PPI down 7.2% in May year on year
http://english.dbw.cn銆€銆€ 2009-06-10 13:55:02
 
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    China's producer price index (PPI), a major measure of inflation at the wholesale level, in May fell 7.2 percent year on year, the National Bureau of Statistics (NBS) announced Wednesday.

    The decline compared with a 6.6-percent drop in April and a 4.6-percent fall in the first quarter from the same period last year.

    Prices of production materials fell 8.8 percent in May year on year, the NBS said in a statement.

    The PPI for January-May fell 5.5 percent over the same period last year, it said.

    The NBS also announced the consumer price index for May was down 1.4 percent year on year.

Author锛? 銆€銆€銆€Source锛? xinhua 銆€銆€銆€ Editor锛? Yang Fan
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