China's April CPI Rises 1.2% Year-on-Year, Exceeding Market Expectations
China's National Bureau of Statistics announced today that the Consumer Price Index (CPI) for April increased by 1.2% year-on-year, and the Producer Price Index (PPI) increased by 2.8% year-on-year, both higher than market expectations. The rise in CPI was influenced by international crude oil price changes and increased holiday travel demand, while the PPI increase was mainly due to rapidly rising international commodity prices and increased domestic demand.
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- 📰 Published: May 11, 2026 at 12:28
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(Central News Agency, Taipei, May 11th)China's National Bureau of Statistics announced today that the Consumer Price Index (CPI) for April increased by 1.2% year-on-year, and the Producer Price Index (PPI) increased by 2.8% year-on-year, both higher than market expectations.
The National Bureau of Statistics of China released the CPI and PPI economic data for April today.
Dong Lijuan, chief statistician of the Urban Department of the National Bureau of Statistics of China, explained that affected by changes in international crude oil prices and increased holiday travel demand, China's CPI in April increased by 0.3% month-on-month and 1.2% year-on-year. The core CPI, excluding food and energy prices, increased by 1.2% year-on-year, maintaining a moderate recovery.
The increase in CPI in April expanded by 0.2 percentage points compared to March. Among them, industrial consumer goods prices rose by 3.5% in April, an expansion of 1.3 percentage points from March. Affected by fluctuations in international bulk commodity prices, gasoline prices saw an expanded increase of 19.3%, contributing approximately 0.56 percentage points to the year-on-year CPI increase.
Dong Lijuan also stated that affected by the rapid rise in international bulk commodity prices, increased domestic demand in some industries, and continuous optimization of market competition order, China's PPI in April increased by 1.7% month-on-month and 2.8% year-on-year, with increases larger than the previous month. (Edited by: Lu Jiarong / Chen Kaiyu) 1150511
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The National Bureau of Statistics of China released the CPI and PPI economic data for April today.
Dong Lijuan, chief statistician of the Urban Department of the National Bureau of Statistics of China, explained that affected by changes in international crude oil prices and increased holiday travel demand, China's CPI in April increased by 0.3% month-on-month and 1.2% year-on-year. The core CPI, excluding food and energy prices, increased by 1.2% year-on-year, maintaining a moderate recovery.
The increase in CPI in April expanded by 0.2 percentage points compared to March. Among them, industrial consumer goods prices rose by 3.5% in April, an expansion of 1.3 percentage points from March. Affected by fluctuations in international bulk commodity prices, gasoline prices saw an expanded increase of 19.3%, contributing approximately 0.56 percentage points to the year-on-year CPI increase.
Dong Lijuan also stated that affected by the rapid rise in international bulk commodity prices, increased domestic demand in some industries, and continuous optimization of market competition order, China's PPI in April increased by 1.7% month-on-month and 2.8% year-on-year, with increases larger than the previous month. (Edited by: Lu Jiarong / Chen Kaiyu) 1150511
Choose to stand with facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency's "First-hand News" APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.