China consumer prices rise, factory gate ends deflation streak - News Summed Up

China consumer prices rise, factory gate ends deflation streak


BEIJING, April 10, 2026 (BSS/AFP) - China's consumer prices rose in March, official data showed Friday, while factory gate prices returned to positive territory for the first time in more than three years, stoked by soaring oil prices due to the Middle East war. The consumer price index, a key measure of inflation, came in at 1.0 percent in March, according to the National Bureau of Statistics (NBS), falling slightly below the 1.1 percent increase forecast in a Bloomberg survey. NBS data on Friday also showed that prices at the factory gate -- which had been stuck in negative territory since October 2022 -- showed signs of recovery. But the rise in gasoline prices bolstered consumer prices, Dong added. "The situation in the Middle East remains highly uncertain, so is the inflation outlook for many countries including China," Zhiwei Zhang of Pinpoint Asset Management wrote in a note.


Source: Bangladesh Sangbad Sangstha April 10, 2026 15:40 UTC



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