The index tracking the development of China's bulk commodity market continued to rise in May, industry data showed on Friday.
The index tracking the country's bulk commodity prices stood at 132.5 last month, up 20.2 percent year on year and 0.3 percent month on month, according to China Federation of Logistics and Purchasing (CFLP).
Experts said that the bulk commodity market remained stable in May, demonstrating good resilience in the face of external shocks.
However, it should also be noted that external risks remain relatively high at present, and pressure on enterprises' production and operations has increased. It is still necessary to strengthen macroeconomic regulation, further stimulate the endogenous momentum of economic growth, and consolidate the positive market trend, they said.
The index was 132.1 in April, up 1.7 percent month on month and 20.2 percent year on year, according to CFLP.
China's bulk commodity price index continues to grow in May
