Inflation data from China for Match 2019

March CPI 2.3% y/y … a reading inline with the consensus median estimate

  • expected 2.3% y/y, previous was 1.5%
  • food CPI +4.1% y/y, no-food +1.8% y/y
  • At 2.3% is the quickest pace since October of 2018

March PPI 0.4% y/y … also inline

  • expected 0.4% y/y, previous 0.1%

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Background here (like, why has CPI jumped so much tfor the month …):