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May PPI, CPI as US tariffs hit, food prices spike

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A Chinese customer rests as he stands in a store in a shopping district on January 20, 2015 in central Beijing, China.

Kevin Frayer | Stringer | Getty Images

China’s consumer inflation in May rose to the highest in 15 months, as food prices spiked due to persistently high pork prices, the National Bureau of Statistics data showed on Wednesday.

Consumer price index (CPI) in May rose 2.7% from a year ago, the highest since February last year and in line with expectations…



Source cnbc.com

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