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China
The Consumer Price Index (CPI) and Inflation Report of the National Bureau of Statistics (NBS) for May 2024 shows that inflation increased to 33.95 percent. This represents a 0.26 percentage point increase from the 33.69 percent recorded in April 2024. On year-on-year basis, the inflation rate increased by 11.54 percentage points, compared to 22.41 percent recorded in May 2023.
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