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China CPI comes in 0.4% y/y in March, vs
PPI 4.4% y/y, quickest pace of increase since 2018
Low CPI and a boost to the CPI should translate to a positive for Chinese stock markets – higher PPI should give producers scope to seek higher profits from selling.
Search Web: China March inflation – CPI 0.4% y/y (vs. expected 0.3%) & PPI 4.4% y/y ( vs. expected 3.6%)
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