Chinas CPI Sees 1% Increase in March

by

Arpit Soni

Chinas CPI Sees 1% Increase in March

Beijing, April 10: According to data released by the National Bureau of Statistics of China, the Consumer Price Index (CPI) in China rose by 1% in March compared to the same period last year. This increase included a 0.3% rise in food prices and a 1.2% increase in non-food items.

Prices for consumer goods saw a 1.3% increase, while service prices rose by 0.8%. From January to March, the CPI was up 0.9% year-on-year.

However, in March, the CPI decreased by 0.7% from the previous month. Food prices fell by 2.7%, and non-food prices saw a decline of 0.2%. Consumer goods prices dropped by 0.3%, while service prices decreased by 1.1%.

Additionally, the Producer Price Index (PPI) increased by over 0.5% year-on-year in March and rose by 1% compared to February.

(Source: China Media Group, Beijing)

Arpit Soni has had a passion for journalism since the beginning. Now he has turned this hobby into his profession. Arpit, who is a resident of Udaipur, enjoys editing and writing news related to journalism. He has worked as a Senior Content Producer in several important roles at Bhaskar, Patrika, Pratahkal, Punjab Kesari, and Times. Arpit completed his schooling in Udaipur and Jaipur. He has been working in the media industry for more than 10 years, and his journey is still continuing. ✍️📚

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