China's May Inflation: PPI Hits Near-4-Year High of 3.9%, CPI Remains at 1.2%
In May 2026, China reported a near four-year high in producer price inflation (PPI) at 3.9% year-on-year while consumer price index (CPI) remained unchanged at 1.2%. The core CPI eased slightly to 1.1%, and monthly consumer prices fell by 0.1%, aligning with market expectations.
