Data released this morning, Wednesday, the ninth of June, from the National Statistics Office in China, showed that the consumer price index, which measures inflation, rose to 1.3% in May on an annual basis, compared to 0.9%, falling short of expectations that indicated a rise to 1.6%. The rise in inflation in the second largest economy in the world was affected by the rise in pork prices, in addition to the rise in the prices of some international commodities. On the other hand, the producer price index rose to 9% in May at an annual pace, compared to 6.8% in April, to come better than expectations that indicated a rise to 8.5%, at the fastest pace of rise since 2008, mainly driven by the rise in iron metal prices.