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CHINA PRESS: CPI Could Recover In March

CHINA PRESS
EM BulletAPACChinaEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

China’s consumer price index is expected to reach 0.3% y/y in March, up from February’s 0.7% fall, according to Feng Lin, director of research at Orient Jincheng, citing recent trends in high-frequency data and the current consumer market supply and demand balance. Looking ahead, Mingming, chief economist at CITIC Securities, said PPI y/y declines may narrow from February's 2.2% fall, as demand increases and ferrous industry prices gain momentum, however geopolitics brings uncertainty. (Source: Securities Daily)

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China’s consumer price index is expected to reach 0.3% y/y in March, up from February’s 0.7% fall, according to Feng Lin, director of research at Orient Jincheng, citing recent trends in high-frequency data and the current consumer market supply and demand balance. Looking ahead, Mingming, chief economist at CITIC Securities, said PPI y/y declines may narrow from February's 2.2% fall, as demand increases and ferrous industry prices gain momentum, however geopolitics brings uncertainty. (Source: Securities Daily)