China's consumer price inflation slowed more than expected in March and producer prices continued to decline, reflecting the existence of deep deflationary pressures.
The consumer price index gained only 0.1 percent on a yearly basis in March, the National Bureau of Statistics said Thursday.
This was slower than the 0.7 percent rise in February and also weaker than economists' forecast of 0.4 percent increase.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.