China's factory-gate prices rose further in May, extending their recovery for a third consecutive month, while consumer inflation remained mild, official data showed on Wednesday.
China's producer price index, which measures factory-gate prices, rose 3.9 percent year-on-year in May, up from a 2.8 percent increase in April, according to the National Bureau of Statistics.
Dong Lijuan, a statistician with the bureau, said the pickup in factory-gate inflation in May reflected stronger demand in some domestic industries and the pass-through effect of fluctuations in international commodity prices.
On a month-on-month basis, the PPI edged up 0.5 percent in May, slowing from a 1.7 percent increase in April.
Dong said AI adoption across industries and growing demand for computing power supported price increases in sectors such as non-ferrous metals, electrical machinery, and computer-related manufacturing.
