date:Jun 08, 2016
.24% in May from a year earlier, the government's Directorate General of Budget, Accounting and Statistics said Tuesday. The reading was lower than a median forecast for a 1.6% increase by economists surveyed by The Wall Street Journal. The figure was also lower than a revised 1.87% rise in April.
The wholesale price index, a gauge of production costs, dropped by 2.80% in May from a year earlier. Economists had expected a drop of 4.0%. The WPI fell a revised 4.18% in April.