China March inflation - CPI 0.4% y/y (vs. expected 0.3%) & PPI 4.4% y/y ( vs. expected 3.6%)

Author: Eamonn Sheridan | Category: News

China CPI comes in 0.4% y/y in March, vs 

  • expected 0.3% y/y, prior 0.2%
  • for the m/m comes in at -0.5%
PPI 4.4% y/y, quickest pace of increase since 2018
  • expected 3.6% y/y, prior 1.7%
  • and +1.8% m/m
Low CPI and a boost to the CPI should translate to a positive for Chinese stock markets - higher PPI should give producers scope to seek higher profits from selling. 

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