[HIGHLIGHTS] National Bureau of Statistics: CPI was generally stable in May PPI continued to decline

National Bureau of Statistics released the national CPI (Consumer Price Index) and PPI (Industrial Producer Price index) data for May 9 on the 9th. In May, consumer demand continued to recover, the market was generally stable, and the CPI fell month-on-month.

The price of industrial consumer goods fell by 1.7%, an increase of 0.2 percentage points, of which the prices of gasoline, fuel cars and new energy cars fell by 11.3%, 5.1% and 3.3% respectively.