Chinas March CPI increase has slowed down to the lowest level since September 20

Official data shows that the year -on -year increase in consumer prices of Chinese residents has slowed down from March to the lowest level since September 2021.

The official website of the National Bureau of Statistics of China announced on Tuesday (April 11) that the National Resident Consumer Price Index (CPI) in March rose by 0.7%year -on -year to 1.0%in February.Economists who have been investigated by Bloomberg predict that the CPI in March will be flat.From a month -on -month perspective, the CPI decreased by 0.3%and 0.5%in February.

Chinese industrial producer's factory price index (PPI) fell 1.4%from February, and further slipped to 2.5%in March, in line with the expectations of the economist, and the month -on -month aspects were flat.

Dong Lijuan, chief statistician of the Urban Department of the National Bureau of Statistics, said that in March, affected by the accelerated recovery of the domestic economy and the price trend of some commodities in the international market, the nation's PPI was flat.,Down.