China's consumer prices rose 0.3% in April for the third consecutive month amid slowing economic growth.

China's consumer prices rose 0.3% in April for the third consecutive month, while producer prices continued to decline. The consumer price index (CPI) increased from a 0.1% rise in March, according to National Bureau of Statistics data. This comes amid concerns over a slowing economy, as factory and services activity cools and the housing market downturn persists, potentially warranting additional policy support.

May 11, 2024
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