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China's Consumer Prices Rose 4.4 Percent in May

An economist from the National Bureau of Statistics said that China's consumer prices rose 4.4 percent from a year earlier in May after climbing 3.8 percent in April. 

He said May consumer prices appear high because the SARS effect last year created a rather low base.

May's price rises are being brought under control and the full-year rate of inflation is expected to hover between 3 and 4 percent.

The official also said that prices should stabilize or fall in the next few months.

(CRI June 11, 2004)

Consumer Prices up 3.8 Percent in April
Consumer Prices Rocket
HK Consumer Prices Continue Slide
CPI Up 0.2% Year-on-year in February
Consumer Price Index Down in November
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