The CPI is up but is not at levels that'll act as a constraint on the People's Bank of China should they wish to cut rates further. The next loan prime rate setting is due on April 20.

CPI % y/y

  • expected 1.2%
  • prior 0.9%
  • for the m/m flat at 0.0% change

PPI 8.3% y/y

  • expected 7.9%
  • prior 8.8%
  • +1.1% m/m
  • higher than was expected but below the February results

more to come