Economics

China’s Factory Inflation Slows as Consumer Price Gains Ease

  • Producer price index rose 3.1% in March from a year earlier
  • No sign of China exporting inflation to the world: StanChart
Bloomberg’s Tom Mackenzie reports on the performance of the Chinese economy.(Source: Bloomberg)
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China’s factory inflation slowed for a fifth month while the consumer price index retreated from a four-year high.

The producer price index rose 3.1 percent in March from a year earlier, compared with the projected 3.3 percent rise in a Bloomberg survey and 3.7 percent in February. The consumer price index climbed 2.1 percent, the statistics bureau said Wednesday, versus a forecast of 2.6 percent and 2.9 percent in February.