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Chinese inflationary pressures remain weak

Chinese inflationary pressures remain weak

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Chinese consumer price inflation remains weak, and it looks like the rebound in factory-gate prices is now also past its peak.

According to figures released by China’s National Bureau of Statistics (NBS) on Wednesday, consumer price inflation (CPI) increased by just 0.9% from a year earlier.

While above the 0.8% increase reported in February, the figure came in fractionally below the 1% gain that had been expected. Over the month, CPI fell by 0.3%, a result that was in line with expectations.

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