China’s CPI up 0.7% YoY while PPI down 2.5% YoY in March
Click:0    DateTime:Apr.19,2023

The national Consumer Price Index (CPI) was up 0.7% YoY while down 0.3% MoM in March, when Producer Price Index (PPI) for manufactured goods was down 2.5% YoY (unchanged MoM) and the purchasing price of industrial products down 1.8% YoY (unchanged MoM).

Among the producer price of industrial products, the price of the mining industry was down 4.7% YoY, the price of the raw material industry down 4.2% YoY, and the price of the processing industry down 2.8% YoY. Among the purchase prices of industrial producers, the price of chemical raw materials was down 7.1% YoY, that of ferrous metal materials down 7% YoY, that of building materials and non-metallic down 4.6% YoY, that of non-ferrous metal materials and wires down 3.5% YoY, while that of fuel and power up 0.1% YoY.