China’s April CPI Surprises with 0.3% Increase, While PPI Exceeds Expectations at 2.5%: A Look at the Latest Economic Data
China’s April CPI Surprises with 0.3% Increase, While PPI Exceeds Expectations at 2.5%: A Look at the Latest Economic Data Description: For the y/y data: CPI +0.3% continuing to claw its way out of deflation this is the third consecutive month of above zero CPI y/y expected +0.2%, prior +0.1%