China's PPI Rose 3.9% in May

Producer price indices in China rose by 3.9% in May, with a notable increase in the prices of mining and non-ferrous metal processing industries by 36.5%, and in smelting and rolling by 24%. The oil, gas, coal, and chemical industries also saw gains, while the automotive and electricity sectors experienced declines. Regarding the consumer price index, prices increased by 1.2% year-on-year in May, with an annual rise of 1.1% over the first five months of the year.

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