Published: 11:28, May 10, 2025
China's CPI up 0.1% month on month, down 0.1% year-on-year in April
By Xinhua
A customer selects vegetables at a supermarket in Congjiang County of Qiandongnan Miao and Dong autonomous prefecture, Southwest China's Guizhou province, Dec 9, 2024. (PHOTO / XINHUA)

BEIJING - China's consumer price index (CPI), a main gauge of inflation, edged down 0.1 percent year on year in April, the National Bureau of Statistics (NBS) said Saturday.

Core CPI, which excludes food and energy prices, rose 0.5 percent year-on-year.

On a monthly basis, the CPI rose 0.1 percent in April following a 0.4 percent decline in March.

NBS statistician Dong Lijuan said the month-on-month rebound was primarily driven by food consumption and travels.

Some sectors have shown signs of recovery, backed by China's strong economic fundamentals and resilience, as well as the coordinated implementation of policies, according to Dong.  

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In breakdown, food prices declined 0.2 percent year-on-year, non-food prices remained unchanged, consumer goods prices dropped 0.3 percent, while service prices rose 0.3 percent.

For the January-April period, China's CPI averaged a 0.1 percent decline compared with the same period last year. 

PPI down 2.7% in April

China's producer price index (PPI), which measures costs for goods at the factory gate, went down 2.7 percent year on year in April, said the NBS.

In April, the purchasing price of industrial products dropped by 2.7 percent year-on-year, the NBS data showed.

Dong attributed the decline primarily to imported international factors and seasonal decrease in prices of certain energy products.

On a monthly basis, the PPI edged down 0.4 percent in April, according to the NBS data.

For the January-April period, the PPI fell by an average of 2.4 percent compared with the same period last year.