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China’s consumer price index (CPI), the main gauge of inflation, gr
ew 2.5 percent year-on-year in April, the National Bureau of Statistics (NBS) said Thursday.
The reading, in line with market expectations, accelerated from the 2.3 percent gain in March and 1.5 percent in Febru
ary. On a monthly basis, consumer prices edged up 0.1 percent, compared with the 0.4 percent drop seen a month earlier.
NBS official Dong Yaxiu attributed the rise to higher prices of vegetables, pork and fruit, which ros
e 17.4 percent, 14.4 percent and 11.9 percent, respectively, from the same period last year due to tighter supplies.
Food prices, which account for nearly one-third of weighting in China’s CPI, went up 6.1 percent year-on-year.
Meanwhile, China’s producer price index (PPI), which measures inflation at the factory gates, rose
0.9 percent year-on-year last month, up from the 0.4 percent gain in March that showed improving market demand.
ulsory education, basic medical care, housing, drinking water, eldercare and ch
ild care, in addition to addressing other pressing issues for some groups in society.
Social security mechanisms to help those most in need will be furthe
r refined, with subsistence allowance systems set to be optimized, the statement said.
The meeting also called for full implementation of requirements set in the Ce
ntral Economic Work Conference, the annual policymaking meeting held in December.
The meeting urged an even more proactive fiscal policy and full implementation of tax and fee cuts.
Monetary policy will be eased or tightened to the right degree, and
it will be adjusted in accordance with economic growth and real-time inflationary and pricing
scenarios, the statement said, adding that financial support for the real economy will be bolstered.
the explosion sites, the police said.Television footage showed ambulances r
ushing the injured to the Colombo National Hospital, the Batticaloa Hospital in
the east and the Negombo Hospital on the outskirts of the capital where the explosions took place.
There has been no claim of responsibility so far for the multiple blasts.
In just one church, St. Sebastian’s in Katuwapitiya, north o
f Colombo, more than 50 people had been killed, a police official told Reuters.
Media reported 25 people were also killed in an attack on a church in Batticaloa in Eastern Province.
Prime Minister Ranil Wickremesinghe called a national security council meeting at his home for later in the day.
One of the explosions was at St Anthony’s Church in Kochcikade, Colombo.
St. Sebastian’s church posted pictures of destruction inside the church on its Fa
cebook page, showing blood on pews and the floor, and requested help from the public.
Out of Sri Lanka’s total population of around 22 million, 70 percent are Buddh
ist, 12.6 percent Hindu, 9.7 percent Muslim, and 7.6 percent Christian, according to the country’s 2012 cen