China's inflation remains flat, foreign trade shows resilience

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China's inflation remains flat, foreign trade shows resilience

STORY: China's inflation remains flat, foreign trade shows resilience DATELINE: June 9, 2023 LENGTH: 00:01:26 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of city scenes in China 2. various of factories 3. various of people shopping 4. various of city scenes in China 5. various of ports STORYLINE: China's inflation stays flat as the consumer price index (CPI) for May edged up 0.2 percent year on year, marking a higher increase compared to April's 0.1 percent, according to the data released Friday by the National Bureau of Statistics (NBS). Meanwhile, the country's producer price index (PPI), which measures costs for goods at the factory gate, went down 4.6 percent year on year in May. According to the bureau, the decrease expanded by 1 percentage point from that in April. Statisticians with the bureau attributed the decline to an overall downward trend in international commodity prices, weak demand in domestic and foreign industrial product markets, and the high comparison base during th

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            (240612) -- BEIJING, June 12, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A consumer selects fruits at a supermarket in Xinghua City, east China's Jiangsu Province, June 12, 2024. China's consumer prices gained for the fourth straight month in May in the latest sign of a steady domestic demand recovery, official data showed Wednesday. The consumer price index (CPI), a main gauge of inflation, was up 0.3 percent year on year last month, said the National Bureau of Statistics (NBS). (Photo by Zhou Shegen/Xinhua/ABACAPRESS.COM
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                  (240612) -- BEIJING, June 12, 2024 (Xinhua) -- A consumer selects fruits at a supermarket in Xinghua City, east China's Jiangsu Province, June 12, 2024. China's consumer prices gained for the fourth straight month in May in the latest sign of a steady domestic demand recovery, official data showed Wednesday. The consumer price index (CPI), a main gauge of inflation, was up 0.3 percent year on year last month, said the National Bureau of Statistics (NBS). (Photo by Zhou Shegen/Xinhua)
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                    (240612) -- BEIJING, June 12, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A consumer selects fruits at a supermarket in Binzhou City, east China's Shandong Province, June 12, 2024. China's consumer prices gained for the fourth straight month in May in the latest sign of a steady domestic demand recovery, official data showed Wednesday. The consumer price index (CPI), a main gauge of inflation, was up 0.3 percent year on year last month, said the National Bureau of Statistics (NBS). (Photo by Chu Baorui/Xinhua/ABACAPRESS.COM
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