News Snapshot:
Prices of fresh vegetables rose 24% year-over-year in April, as consumers stockpiled them in preparation for potential stay-at-home orders. Pictured here is a delivery driver for a Alibaba Hema Fresh supermarket in Beijing on May 10, 2022. Jade Zhao | Afp | Getty Images BEIJING – China’s consumer and producer prices rose more than expected in April, according to data from the National Bureau of Statistics released on Wednesday. The CPI rose 2.1% last month compared to a year ago, buoyed by higher prices for energy and fresh vegetables. The reading beat expectations of a 1.8 percent increase in a...
