Chinese producer and consumer prices fell in April, according to the National Bureau of Statistics of China.
The general level of the Consumer Price Index (CPI) fell 1.5% year-on-year, while the prices of manufactured goods, measured by the Producer Price Index (PPI), were down 6.6% year-on-year.
One of the largest downward pressures on the CPI was the price of meat, poultry and processed products, which fell 13.5%. Pork alone was down 28.6%.
The month-on-month decrease in CPI was 0.2%.
Crude oil was a key factor in the PPI decline, falling 53.6% year-on-year. Gasoline, kerosene and diesel prices also declined.