China CPI falls 0.1% year-on-year in March - Chinese report

On the 10th, the National Bureau of Statistics of China announced the Consumer Price Index (CPI) for March. According to the announcement, the national CPI for March fell 0.1% compared to the same month last year.
The index fell 0.1% in the industrial sector and 1.4% in rural areas. Food prices fell 1.4%, non-food prices increased 0.2%, consumer goods prices fell 0.4%, and services prices increased 0.3%.
Looking at the average value for January to March, the national CPI fell 0.1% year-on-year. Among food prices, the price of pork increased 6.7% year-on-year, while fresh vegetables decreased 6.8% and fruit
The national CPI for March was down 0.4% from the previous month. In urban areas, it was down 0.4%, while in rural areas it was down 0.3%. Food prices were down 1.4%, non-food prices were down 1.2%, and food prices were down 1.2%.
Food prices decreased by 0.2%, consumer goods prices decreased by 0.4%, and service prices decreased by 0.4%. Compared to the previous month, pork prices decreased by 4.4%, fresh vegetables decreased by 5.1%, and fruit prices decreased by 1.6%.
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