China's consumer price index (CPI), a main gauge of inflation, rose 2.1 percent year on year in April, the National Bureau of Statistics (NBS) said Wednesday.
On a monthly basis, the CPI inched up 0.4 percent partly due to the domestic resurgence of COVID-19 and the continuous rise of bulk commodity prices across the globe, noted Dong Lijuan, a senior statistician with the NBS.
Food prices went up 0.9 percent from the previous month, driving up the monthly consumer inflation by about 0.17 percentage points, according to the data.
Specifically, the price of pork, a staple meat in China, increased 1.5 percent month-on-month in April, compared with a 9.3-percent decrease in March. Hog production has gradually tempered and stockpiling of pork to replenish state reserves is in progress, Dong said.
However, pork prices still registered a year-on-year drop of 33.3 percent, narrowing by 8.1 percentage points from the previous month.
Non-food prices rose 2.2 percent from a year earlier, the same growth recorded the previous month. The prices of gasoline, diesel and liquified petroleum gas went up by 29 percent, 31.7 percent and 26.9 percent year on year, respectively.
Wednesday's data also showed that China's producer price index, which measures costs for goods at the factory gate, went up 8 percent year on year in April, Xinhuanet reports.
See all the news
All
Financial Services in CAREC
#TheCheckpoints: TIWB & Georgia - Interview with Rusudan Kemularia, Head of TIWB Secretariat
Stoli® Group to Release Limited-Edition Bottle in Support of the Ukrainian People
როგორ მოხვდა 17 წლის ანასტასია ლელაძე ჰარვარდში? - ანასტასია ლელაძე ქალების ნარატივში
"Literally the whole village was waiting for the first harvest of strawberry" - Kvitsiani family from Svaneti
Aliyev replaces long-serving central bank head with loyalist
Putin imposes visa restrictions on citizens from 'unfriendly' countries
BMG-ს მედია რუბრიკა: #პროფესიონალი - გიორგი მიქაია
ყველაზე სანქცირებული რუსი ოლიგარქები
Business Leaders Council by USAID and Georgian Business
ვინ არის მსოფლიოში #1 სნაიპერი “Wali”?
ბინების ქირის ფასი 50%-მდე გაიზარდა
DriveWealth-G&T Cooperation
OECD formally terminates the accession process of Russia
"Today we are all Ukrainians"- Zurab Pololikashvili
Tourism is the main bridge for building understanding - ZURAB POLOLIKASHVILI
FAQ’s and Analysis on Lari & FDI - Interview with Fady Asly
მინერალური და მტკნარი წყლის ფასები ქართულ ბაზარზე
China continues to push competitors out of the global walnut market
Moscow to Host First Meeting of Turkish & Armenian Special Envoys on Jan 14