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China Consumer Prices Fall For Fourth Month; Exports Rise
China's consumer prices declined for the fourth consecutive month and the decline in producer prices worsened in May, deepening deflation worries among policymakers as domestic demand remained weak despite taking enormous measures to boost consumption. Another report showed an increase in exports in May despite a sharp decline in shipments to the US due to trade tariff uncertainties.
RTTNews | 5 dagar sedan
China Consumer Prices Slip 0.1% On Year In May
China's overall inflation was down 0.1 percent on year in May, the National Bureau of Statistics said on Monday.
RTTNews | 5 dagar sedan
China Manufacturing Activity Contracts For First Time In 8 Months
China's manufacturing activity contracted for the first time in eight months in May as the rise in US trade tariff damped export orders, survey results from S&P Global showed on Tuesday. The Caixin manufacturing Purchasing Managers' Index unexpectedly fell to 48.3 in May, down from 50.4 in April. The score was seen at 50.8.
RTTNews | 11 dagar sedan
