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Knight Frank Greater China Property Market News Summary

Daily, Hong Kong
Daily News and Transactions across Greater China from Knight Frank
 

China inflation eases to 3.4% in April

May 14, 2012
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(Reuters)




 




China's annual consumer inflation moderated in April despite strong food price rises, data showed, potentially giving Beijing more scope to loosen policy to help the economy rebound from a first-quarter slowdown in growth.




 




The April consumer price index (CPI) rose 3.4% year on year, down from the 3.6% pace logged in March.




 




April retail sales growth is expected to be unchanged from March, at 15.2%.