China March 2026 CPI 1.0% y/y (expected 1.2%) PPI 0.5% y/y (expected 0.4%)

China inflation. PPI first positive y/y since September of 2022.

I'll have more to come on this separately, detail, analysis etc. .. Here: China inflation turns but signals “bad inflation” as energy costs rise and demand lags

PPI m/m +1%