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China March factory, consumer inflation slows in sign of ebbing economic growth

Mimi Sabreena 3:01:00 PM Informasi

BEIJING (April 11): China’s producer price inflation continued cool in March, slowing to a 17-month low and backing expectations of a broader slackening in economic growth this year.

Consumer inflation also eased in the previous month as the effects of booming demand spurred by the Lunar New Year holiday in February receded, official data showed on Wednesday.

There are some worries that an escalating trade dispute between China and the United States could push up inflation over the coming months, though many analysts believe any impact on consumer prices will be limited.

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