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China's factory-gate inflation hits four-month high, food prices surge

Updated : May 09, 2019 11:33 AM IST

Consumer inflation also accelerated, jumping to the highest pace in six months, official data showed on Thursday, as pork price remained elevated due to supply issues from a growing swine fever epidemic.
On a month-on-month basis, CPI rose 0.1 percent, compared with a 0.4 percent drop the preceding month.
The food price index in April rose 6.1 percent from a year earlier, marking the fastest pace in April 2016, and much higher than March's reading of 4.1 percent.
China's factory-gate inflation hits four-month high, food prices surge

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