China’s consumer prices rise for third month, factory deflation persists

INTERNATIONAL DESK : China’s consumer prices rose in April for a third straight month, while producer prices extended declines, suggesting resilient domestic demand, despite a shaky economic recovery. The closely watched numbers follow official surveys showing cooling factory and services activity, as concerns rise about economic growth losing momentum, weighed down by a protracted housing … Continue reading China’s consumer prices rise for third month, factory deflation persists