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China Consumer Inflation Edges Up in April

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China’s consumer price index increased 1.2% in April from a year earlier, compared with a 0.9% gain in March, the National Bureau of Statistics said.

The key inflation reading slightly outpaced a 1.1% gain in the CPI forecast by economists polled by The Wall Street Journal. The producer price index climbed 6.4% in April from a year earlier, compared with a 7.6% on-year increase in March.

The reading for factory-gate prices came in slower than the 6.8% increase forecast by economists polled in the survey.

Source: Republic of Turkey Ministry of Economy

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