- Analytics
- News and Tools
- Market News
- Chinese inflation down 0.3% in March, as expected
Chinese inflation down 0.3% in March, as expected
China's inflation rose marginally on non-food prices in March, while factory gate inflation moderated as commodity prices weakened notably.
Inflation rose to 0.9 percent in March from 0.8 percent in February, data published by the National Bureau of Statistics, cited by rttnews. Nonetheless, this was slightly slower than the expected 1 percent.
The government targets around 3 percent inflation for the whole year of 2017.
Consumer price inflation may regain some ground but should remain below 2 percent, Julian Evans-Pritchard, a China economist at Capital Economics, said. The upshot is that those anticipating a further reflation in China are likely to be disappointed, he added.
Food prices declined 4.4 percent versus a 4.3 percent fall in February. Meanwhile, non-food prices advanced 2.3 percent after rising 2.2 percent.
Month-on-month, consumer prices fell 0.3 percent following a 0.2 percent drop in February.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
