Sharp slowdown in consumer prices in China. In May, according to data from the national statistics office, the annual rate of inflation fell to 2% from the 2,3% recorded in April. The decline was favored by the drop in food prices which instead had recorded an increase in the winter months.
China, prices slowing down in May
The cooling is due to the reduction in food prices
FIRSTonline editorial team
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
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