China's CPI increases by 1.0% YoY in March, PPI returns to growth

Home

China

World

Politics

Business

Sci-Tech

Health

Opinions

Video

Live

Radio

World Asia-Pacific Middle East Europe Americas Africa

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.

I agree

China's consumer price index (CPI), a main gauge of inflation, rose by 1.0% year on year in March, data from the National Bureau of Statistics (NBS) showed on Friday.

The core CPI, which excludes food and energy prices, increased by 1.1% year on year, according to the NBS. On a month-on-month basis, CPI fell by 0.7% in March, the data revealed.

The producer price index, which measures costs for goods at the factory gate, showed its first increase following 41 straight months of declines. It rose by 0.5% year on year in March, after a 0.9% drop in February, according to the NBS.

NBS statistician Dong Lijuan attributed the turnaround mainly to imported inflationary pressures and improved supply-demand dynamics in some domestic industries.

(Cover via VCG)

Source(s): Xinhua News Agency

Open in CGTN APP for better experience

Search Trends