China’s consumer inflation remained in negative territory for a second straight month in March, with CPI falling -0.1% yoy, missing expectations of 0.1% yoy increase. While the decline was narrower than February’s -0.7% yoy, it still reflects subdued demand pressures across the economy. Food prices was a drag, down -1.4% yoy, while service prices provided […]
The post China’s CPI falls -0.1% yoy in March, PPI highlights persistent deflationary pressures appeared first on Action Forex.