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Rising raw materials prices could put pressure on downstream firms - China stats bureau

By Reuters

<p><body> <p><span class="caps">BEIJING</span> (Reuters) – Rising raw materials prices could put pressure on downstream firms, said Fu Linghui, an <span class="caps">NBS</span> spokesman, at a news briefing in Beijing on Monday. </p> <p>However China is able to keep consumer price inflation steady this year, he said. </p> <p>China’s factory output growth slowed in April from the jump seen in the previous month while retail sales missed analyst expectations, indicating more pressure on the recovery in consumption.</p> <p/> <p> (Reporting by Kevin Yao; Writing by Gabriel Crossley; Editing Shri Navaratnam)</p> </body></p>