China’s consumer price inflation moderated in March as demand weakened typically after the Lunar New Year holiday, while producer prices exited deflation for the first time since 2022 as the Middle East conflict pushed up oil prices.
Consumer prices rose 1.0 percent year-on-year in March, the National Bureau of Statistics reported Friday. This was slower than the 1.3 percent growth seen in February and economists’ forecast of 1.2 percent.
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