The price weakness is likely to raise questions about the sustainability of China’s consumer rebound
ByConsumer prices in the world’s second-largest economy rose 0.1% in April from a year earlier, according to official data.HONG KONG—Consumer prices in China rose at their slowest pace in more than two years, reflectingthat threaten to limit a consumption-led recovery from three years of strict Covid-19 measures.
Consumer prices in the world’s second-largest economy rose 0.1% in April from a year earlier, easing further from March’s 0.7% year-over-year increase, according to data released Thursday by China’s National Bureau of Statistics.
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