China's National Bureau of Statistics said in May food, tobacco, alcohol and
dining-out prices fell 0.2% MoM, shaving about 0.06 percentage points off CPI.
Fresh vegetables fell 3.6% MoM (≈‑0.06 ppt impact); livestock meat fell 0.8%
(≈‑0.03 ppt), with pork down 1.6% (≈‑0.03 ppt). Eggs rose 5.0% (≈+0.03 ppt) and
fresh fruit rose 0.6% (≈+0.01 ppt). Of the other seven major categories, one
rose, two were flat and four fell: clothing +0.6%; education, culture &
entertainment and healthcare flat; household goods & services and other goods &
services ‑0.4%; transport & communications ‑0.3%; housing ‑0.1%.
