PPI could further ease this month

China's producer price inflation eased in April thanks to falling international commodity prices, while consumer price inflation rose moderately in the same month, according to data released on Wednesday by the National Bureau of Statistics.

Analysts said producer price inflation could further ease this month.

The Producer Price Index, which gauges factory-gate prices, rose 6.4 percent year-on-year, down from 7.6 percent in March. On a month-on-month basis, the index dropped 0.4 percent, the first fall since July 2016.