China's consumer prices rose 1.8 percent over a year earlier, down from March's 2.4 percent increase. The rise in politically sensitive food prices eased to 2.3 percent from the previous month’s 4.1 percent.
In April, the biggest increases were reported for prices of services (2.5 percent); clothing (2.3 percent), residential (2.4 percent) and recreation, education and culture (2 percent).
Month-on-month, inflation fell 0.3 percent compared with 0.5 decline in March.
Producer prices declined by 2 percent from a year earlier, compared with March's 2.3 percent drop.
5/9/2014 9:24:54 AM