China's PPI down 7.2% in May
Updated: 2009-06-10 13:28
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China's producer price index (PPI), a major measure of inflation at the 
wholesale level, in May fell 7.2 percent year on year, the National Bureau of 
Statistics (NBS) announced Wednesday.

The decline compared with a 6.6-percent drop in April and a 4.6-percent fall in 
the first quarter from the same period last year.

Producer prices of production materials fell 8.8 percent in May and those of 
consumption goods were down 1.9 percent, the NBS said in a statement.

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