The industry expects CPI growth in May to pick up slightly from the previous month.

[the industry expects the CPI increase in May to pick up slightly from the previous month.] May 30, the reporter interviewed a number of industry insiders, looking forward to May CPI, PPI data. It is widely believed that year-on-year CPI growth in May may pick up slightly from April, driven by improved domestic demand and a low base last year. At the same time, due to the further decline in the prices of energy and other commodities and the lower procurement costs of major raw materials for domestic enterprises, the year-on-year decline in PPI in May will be further expanded. (Securities Daily)