China's consumer price index remained unchanged at 2.3% in April from a year earlier, the National Bureau of Statistics said, adding that rising vegetable and pork prices were offset by lower prices for fruit and eggs.
The result is still below the target of 3% inflation this year, leaving room for policy makers to further ease monetary policy amid a continued slowdown in growth. In turn create more turmoil in the market with the easing that has been done so far.
On a month-over-month basis, the CPI fell 0.2% in April from March. In March, it dropped 0.4% from the preceding month.
China's producer price index declined 3.4% in April from a year earlier, compared with a 4.3% on-year drop in March. The index has lingered in deflationary territory for over four years.
The PPI increased 0.7% in April from March. In March, it rose 0.5% from the preceding month.