Chinese CPI inflation eased to 0.1% in March, against expectations of 0.4%

April 11, 2024 Tóth Balázs
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China’s consumer price index (CPI) stood at 0.1% in March, after a 0.7% increase in February. The market forecast was for a 0.4% increase.
China’s CPI inflation was -1.0% for the month in March, compared to a 1.0% rise in February, much worse than the 0.5% decline expected.
China’s producer price index (PPI) fell 2.8% year-on-year in March, compared with the 2.7% decline seen earlier. The figure was in line with expectations for a 2.8% decline.
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