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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
Add BT as a preferred sourcePublished 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.
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