Chinese inflation in line with estimates

FXStreet (Bali) - 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 -2.3% in March vs -2.2% expected and -2.0% last.