BEIJING -- China's consumer prices broke a three-month fall to increase marginally in May, even as headwinds slow a post-COVID recovery amid market expectations for stimulus measures.
The consumer price index rose 0.2% from a year earlier, the National Bureau of Statistics reported Friday. An increase in food and services prices led to the uptick from 0.1% in April. But these were offset by a fall in transportation and telecommunication prices, reflecting subdued demand for travel despite the weeklong Labor Day holiday.
