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China's April inflation stable, tempering fears of deflation

Its Producer Price index falls 3.4 per cent from a year ago, as factories drop prices to run down stocks

Published Tue, May 10, 2016 · 09:50 PM

Beijing

CHINA's inflation was flat in April from the previous two months, at 2.3 per cent, in line with analysts' expectations.

Inflation was led by a rise in pork prices as a result of bad weather and there being fewer sows. It is expected to remain under the 3 per cent target set by the government.

Meanw…

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Inflation

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International

International

China's April inflation stable, tempering fears of deflation

KEYWORDS IN THIS ARTICLE

International

Philippines’ Recto sees rate-cut delay risk if peso sinks to 59

Ecuador president declares state of emergency over energy crisis

US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says

US expects to finalise new Aukus trade exemptions in next 120 days

IMF concerned about debt, fiscal challenges facing low-income countries

Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising

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