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