China’s CPI inflation steadies at 0.3% YoY in May vs. 0.4% expected

China’s Consumer Price Index (CPI) increased by 0.3% over the year in May, at the same pace as seen in April. The reading missed expectations for a 0.4% growth in the reported period.

Chinese CPI inflation came in at -0.1% MoM in May versus April’s 0.1% increase, worse than the 0% expected.

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