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RPT-China's May PPI up 0.6% y/y, CPI up 2.7%

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BEIJING, June 12 (Reuters) – China’s producer price index (PPI) rose 0.6% in May year-on-year, slowing from its fastest pace in four months in April, the National Bureau of Statistics (NBS) data showed on Wednesday.

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Analysts polled by Reuters had expected factory gate inflation to ease to 0.6% in May.

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The consumer price index (CPI) increased 2.7% year-on-year in May, its fastest pace since February 2018, and in line with analyst expectations. (Reporting by Hong Kong newsroom; Editing by Sam Holmes)

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