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China's CPI up 2.7 pct in May

(Xinhua)    14:22, June 12, 2019

BEIJING, June 12 (Xinhua) -- China's consumer price index (CPI), a main gauge of inflation, rose 2.7 percent year on year in May, the National Bureau of Statistics (NBS) said Wednesday.

The reading, in line with market expectations, accelerated from the 2.5-percent expansion in April.

Food prices climbed 7.7 percent year on year last month, up from 6.1 percent in April, according to the NBS.

Non-food prices gained 1.6 percent, 0.1 percentage points lower than that in April.

The CPI in urban areas rose 2.7 percent year on year, while that in rural areas went up 2.8 percent compared with a year ago, the NBS noted.

On a monthly basis, consumer prices remained flat last month, compared with the 0.1-percent increase seen in April.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Shi Xi, Liang Jun)

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