CRI听力:Expert On China's CPI, PPI in May

Official figures show China's consumer inflation eased in May while producer prices continue to fall.

The Consumer price index (CPI), a main gauge of inflation, grew 1.2 percent year on year in May, narrowing from April's 1.5 percent.

On a monthly basis, consumer prices in May trimmed 0.2 percent, unchanged from the 0.2-percent drop recorded in April.

Falling prices of foodstuffs due to seasonal factors were the main cause of the CPI decline last month.

Meanwhile, stats also show producer price index, a measure of costs for goods at the factory gate, slid 4.6 percent year on year in May.

It is the 39th consecutive month of declines.

The drop in May was the index's second-largest drop since its downward trend started in March 2012.

For more on the data, we are now joined by John Ross, senior fellow at the Chongyang Institute for Financial Studies at Renmin University.