China (April) inflation: CPI 1.2% y/y (expected 1.1%) PPI 6.4% y/y (expected 6.7%)

The inflation figures from China for April
CPI  1.2% y/y
– expected 1.1%
– prior 0.9%
– Up 0.1% for the m/m figure
– Food inflation down 3.5% y/y (down 0.6% for the m/m)
PPI  6.4% y/y