Chinese inflation in line with estimates

China's consumer price index (MoM) came at -0.5% in March vs -0.5% expected and 0.5% last, while the annual reading came at 2.4% vs 2.5% expected and 2.0% last. Meanwhile, the producer price index (YoY) stood at XX in March vs -2.2% expected and -2.0% last.
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China Consumer Price Index (YoY) came in at 2.4% disappointing forecasts (2.5%) in March

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