date:May 10, 2013
decreased by 0.6 percent from March, marked the 14th straight month of falls after the PPI dropped in March 2012 for the first time since December 2009.
It suggested excess supply of industrial products while market demand is sluggish, said Lu Zhengwei, chief economist at Industrial Bank.
The Consumer Price Index, a main gauge of inflation, rose 2.4 percent in April from a year earlier, compared with 2.1 percent growth in March, the bureau said.
A statement from the bureau said, The fast incre