China's consumer prices stable, factory prices eased

By Xinhua News Agency

Jun 15, 2022 12:14 am

BEIJING: Inflation in China cooled in May, with consumer prices growing at the same rate as those in April, while the increase in factory-gate prices slowed to 6.4 percent as measures to ensure supply took effect.

Data from the country's National Bureau of Statistics (NBS) showed last Friday that the consumer price index (CPI) jumped 2.1 percent year on year last month. Month on month, the index fell 0.2 percent, compared to April's 0.4-percent uptick.

This June 10, 2022 file photo shows a shopper checking out a tomato at a supermarket in Nanjing, in China’s eastern Jiangsu province. XINHUA PHOTO

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