10 Jun 2022
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China’s stats bureau released the inflation data for May on Friday.
The headlines:
The consumer price index (CPI) rose 2.1% y/y in May, the same pace of expansion as in April.The producer price index (PPI) increased 6.4% y/y in May, down from 8.0% y/y growth in April.
The fall in PPI offer...
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