(Bloomberg) -- China's inflation probably
accelerated in May as pork prices soared, increasing the
likelihood that interest rates will be raised.
Consumer prices gained 3.3 percent from a year earlier,
according to the median estimate of 19 economists surveyed by
Bloomberg News. April's inflation rate was 3 percent, matching
the central bank's target for the year. The statistics bureau
will release the figures at 10 a.m. tomorrow.
Read more at Bloomberg Emerging Markets News
accelerated in May as pork prices soared, increasing the
likelihood that interest rates will be raised.
Consumer prices gained 3.3 percent from a year earlier,
according to the median estimate of 19 economists surveyed by
Bloomberg News. April's inflation rate was 3 percent, matching
the central bank's target for the year. The statistics bureau
will release the figures at 10 a.m. tomorrow.
Read more at Bloomberg Emerging Markets News
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