Chinese Inflation Slows In March

China's consumer prices rose 2.4% year-on-year in March, the National Bureau of Statistics said on Thursday., RTT News 4/15/2010 12:26:00 AM

This was lower than analyst expectations for a 2.6% increase following the 2.7% growth in the previous month.

The consumer price index rose 2.2% annually in the March quarter.

The statistical bureau also said that producer prices surged 5.9% annually in March. This also came below expectations for a 6.4% increase.

In the first three months of the year, producer prices went up 5.2% from a year earlier.

Chinese Inflation Slows In March