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China's Inflation Turns Positive; PPI Rises Most Since 2018

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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by RTTNews Staff Writer

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