Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
WCTC S8
Rewards

China's April PPI Rises to 2.8% Year-on-Year, CPI at 1.2%; CICC Forecasts Further Gains Ahead

GateNews
Commodities

According to China International Capital Corporation (CICC), China’s April PPI rose 1.7% month-on-month and 2.8% year-on-year, expanding from 0.5% in March, while CPI increased 0.3% and 1.2% respectively, up from 1.0% previously. The PPI surge was driven primarily by energy and chemical sector price gains, while CPI gains were supported by higher energy prices and holiday travel demand. Looking ahead, CICC expects PPI and CPI to continue rising over the next two months as international oil prices remain elevated amid ongoing U.S.-Iran negotiations, though the price transmission typically lags.

View Source
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related News

05-11 07:21
India's April CPI Expected to Rise to 3.85% From 3.4%, Driven by Food Base Effects and Core Inflation
05-11 01:47
China's April PPI Sees Fiber Optics Prices Rise 22.5% Amid Rising Semiconductor Demand
05-11 01:33
China's PPI Rises to 2.8% YoY in April From 0.5% Prior Month
05-11 01:33
China's April CPI Rises to 1.2% YoY, Beating 0.9% Forecast
05-11 01:32
China's PPI Rises to 1.7% Month-on-Month in April, Up from 1% Prior Month
In-Depth Analysis

CITIC: North American AI Power Demand Surge Drives Gas Turbine Supply Crunch

Crypto Frontier05-12 00:11

FAO: Vegetable Oil Prices Surge 5.9% Amid Hormuz Tensions

Crypto Frontier05-11 11:32

Optimism Gains 11%: Bulls Eye Major Resistance Zone in Next Big Test

Crypto News Land05-11 07:41
Comment
0/400
ABigHeartvip
· 05-12 01:05
CPI is heavily influenced by consumption and real estate. Currently, real estate is somewhat active, even growing year-over-year, but consumption, especially pork plus food and beverages, remains deeply affected.
View OriginalReply0