Every inflation pressures in China continue to be in the midst of a trade war
OS User prices And and China They fell for the second consecutive month in March and the inflation at factories intensified Trade war With USA Increased concerns about export growth are not sold, which further lowering domestic prices.
The second largest economy in the world began this year. The initial increase in retail sales and the strong expansion of industrial activities has been compensated for the release of unemployment and every inflation stresses, eating requests for further stimuli.
The consumer prices index fell 0.1% last month compared to the previous year, and the data from the National Statistics office on Thursday (10) showed that in February, fell 0.7% in February. The expectation of Reuters Research is that prices are stable.
“Difling pressures continued last month and are almost more deep in the next quarter because Chinese companies are more difficult to export their additional supply,” said Julian Evans-Pritcard, head of Chinese Economics, Chinese Economics.
The weak data was released in the week of turbulence for the global economy, and the US tariffs were concerned after entering against all their business partners.
Although US President Donald Trump has withdrawn some tariffs on Wednesday, his decision to raise rates on China has only intensified the trade war in the world’s two largest economies.
Consumer prices fell 0.4% compared to the previous month, compared to 0.2% in February and a 0.3% decline.
The producer price index fell 2.5% in March compared to the previous year, with a weak reading in four months after falling 2.2% in February.
Dong Lizuan’s office statistics said that the acceleration of every inflation in factories decreased international oil prices and “the seasonal tendency of low -energy demand in North China to end in North China.”
