China consumer prices rise at slower rate in March

China consumer prices rise at slower rate in March

Energy Daily

Published

Beijing (AFP) April 11, 2024

China's inflation rate slowed in March, official data showed Thursday, as policymakers struggle to jumpstart persistently low spending in the world's second-largest economy. The consumer price index (CPI) last month edged up by 0.1 percent year-on-year, according to the National Bureau of Statistics (NBS), below the 0.4 percent gain forecast by a Bloomberg poll of analysts. "In March, un

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