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BEIJING, May 9 (Reuters) - China's producer price index (PPI) rose 0.9 percent year-on-year in April, its fastest pace since December 2018 and picking up from a 0.4 percent increase in March, data from the National Bureau of Statistics (NBS) showed on Thursday.
Analysts polled by Reuters had expected factory gate inflation would nudge up to 0.6 percent in April.
The consumer price index (CPI) increased 2.5 percent in April from a year earlier, its fastest pace in six months. It was also more than the 2.3 percent rise in the previous month and in line with analyst forecasts. (Reporting by Hong Kong newsroom; Editing by Sam Holmes)