China's consumer price inflation turned positive in March largely due to a rise in fuel prices and the factory gate inflation rose the most in more than two years driven by higher global commodity prices.
Consumer prices rose to 0.4 percent year-on-year in March, reversing a 0.2 percent drop in February, data from the National Bureau of Statistics showed on Friday. This was also faster than the expected +0.3 percent.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.