CPI and PPI Data for May Released

Published: Jun 14, 2025 14:53

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According to data from the National Bureau of Statistics (NBS), the CPI fell by 0.2% MoM and 0.1% YoY in May. The core CPI, excluding food and energy, rose by 0.6% YoY, with the increase expanding by 0.1 percentage points MoM. The PPI fell by 0.4% MoM and 3.3% YoY, with the decline expanding by 0.6 percentage points MoM. The NBS pointed out that the MoM decline in CPI was mainly influenced by the drop in energy prices, while the expansion of the PPI decline indicated that macro policies were being implemented with greater force, the supply-demand relationship in some sectors had improved, and prices were showing positive changes.

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