China's Inflation Rate Hits 18-Month Low
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.
5/9/2014 9:24:54 AM
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.