• Urgent: China consumer prices up 2 pct in May • 1st LD Writethru: S. Korea cuts policy rate from 1.5 pct to 1.25 pct • Japan's core machinery orders plummet 11 pct on month in April • Xinhua world news summary at 0100 GMT, June 9 • Exporters call for action on New Zealand housing crisis, exchange rate • Urgent: S. Korea cuts interest rates from 1.5 pct to 1.25 pct • Uruguayan coach Munua says goodbye to Nacional • FLASH: S. KOREA CUTS INTEREST RATES FROM 1.5 PCT TO 1.25 PCT • Tokyo stocks open lower as machinery orders data misses expectations • New Zealand's Maoris falling off property ladder in their homeland

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Urgent: China producer prices down 2.8 pct in May

Xinhua, June 9, 2016 Adjust font size:

China's producer price index (PPI), which measures costs for goods at the factory gate, slid 2.8 percent year on year in May, official statistics showed on Thursday. Endi