China's annual inflation at 0.3% in May

By Gokhan Ergocun

ISTANBUL (AA) - China's annual inflation rate was at 0.3% in May, unchanging from April, the country's National Bureau of Statistics announced on Wednesday.

In May, food prices dropped by 2% in the country while non-food item rose by 0.8%, the bureau said.

On a monthly basis, consumer prices dropped by 0.1% in the country.

In May, food prices unchanged from April while goods prices dropped by 0.1%.

The monthly inflation was at 0.1% in April.