Fears mount over inflation pressure

Purchasing Managers' Index rises, but analysts worry over impact of rising cost of imported raw materials

BEIJING - The Purchasing Managers' Index (PMI) of China's manufacturing sector surpassed 50 percent in April, the 14th straight month the index exceeded the critical point, indicating China's continued economic growth, but analysts warned of rising inflationary pressures due to the rising cost of imported raw materials.

The PMI rose to 55.7 percent in April, 0.6 percentage points higher than the previous month, according to a report released by the China Federation of Logistics and Purchasing (CFLP).