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.
