In China, consumer prices rise, producer price deflation persists.

 Consumer prices rose 2.4% in China during April, up from 2.1% in March and slightly above economists' estimates, although still well below the government's 3.5% target. Producer prices — now in their fourteenth straight month of decline — fell 2.6%, a steeper drop than expected. Stocks in Hong Kong and Shanghai fell 0.14% and 0.6% on the session following the data.