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 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 consumer price index (CPI), a main gauge of inflation, rose 1.2 percent year-on-year in May, official data showed Wednesday. The core CPI, which excludes food and energy…