China consumer inflation stays at 1.4% y-o-y in March

China's consumer inflation stayed flat at 1.4% in March, while producer prices fell slightly less than projected, official data showed on Friday, keeping pressure on profit margins at Chinese companies as Beijing struggles to stimulate growth. Analysts polled by Reuters had predicted the March consumer price index (CPI) would come in at 1.

3%, compared with 1.4% posted the prior month. The producer price index (PPI) declined 4.6%, the National Bureau of Statistics (NBS) said on Friday, extending a long-running factory deflation.....

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