China inflation grows at slowest rate in over two years

China’s inflation rate edged up 0.1 percent year-on-year in April, the slowest rate recorded since 2021, official figures showed Thursday, signalling a weak recovery after lifting pandemic curbs. Producer prices fell for the seventh consecutive month due to sluggish domestic demand and lower commodity costs, data released by Beijing’s National Bureau of Statistics (NBS) showed. […]

The post China inflation grows at slowest rate in over two years appeared first on Insider Paper.

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