The month-on-month CPI in April turned from a decline to an increase, with prices in some areas showing positive changes.

Data released by the National Bureau of Statistics on the 10th showed that the month-over-month CPI in April turned from a decrease to an increase, with a year-on-year decline of 0.1%, the same as in March; PPI fell by 2.7% year-on-year, with a slightly larger decline compared to the previous month, down 0.4% month-on-month, the same as in March. Prices in the food manufacturing and other consumer goods industries, as well as high-tech industries, showed positive changes. Experts analyze that with low prices in April, the recent implementation of a package of financial policies such as reserve requirement ratio cuts and interest rate cuts provide support for a reasonable increase in prices in the future.