China Inflation Slows to 5.3% From Year Earlier, Government Says

China’s consumer prices rose 5.3 percent in April from a year earlier, exceeding the government’s full-year target for a fourth straight month.

The gain was more than the 5.2 percent median forecast in a Bloomberg News survey of 30 economists and compared with a 5.4 percent increase in March. Producer prices increased 6.8 percent, the statistics bureau said today in Beijing.