OS Consumer prices and China They fell in the second consecutive month in March and the shrinkage in the factories, Trade war with USA Increased concerns about the unpaid export, which may increase the decrease in domestic prices.
The second largest economy in the world was an irregular start this year. The initial increase in retail sales and strong expansion of industrial activity has been compensated for unemployment drainage and shrinkage, and feeding requests for more stimuli.
The consumer price index fell 0.1 % last month compared to the previous year, and data from the National Statistics Office showed on Thursday (10), compared to a decrease of 0.7 % in February. The expectation in Reuters research was that the prices would remain stable.
“The pressure of deviation continued in the past month, and it will definitely deepen in the coming quarters, as it becomes difficult for Chinese companies to export their excess supplies,” said Julian Ivans Brotshard, head of the economy in China in the economy in the higher economy.
The weak data were issued in a turbulent week of the global economy, as the troubled financial markets were introduced after the American definitions entered into force against all their commercial partners.
Although US President Donald Trump gave a partial comfort on Wednesday with a decline in some customs tariffs, his decision to continue to increase the rates of China is only intense the trade war between the largest economy in the world.
Consumer prices decreased by 0.4 % compared to the previous month, compared to a decrease of 0.2 % in February and estimated a decrease of 0.3 %.
The product price index decreased by 2.5 % in March compared to the previous year, the weakest reading in four months after a decrease of 2.2 % in February and expectations of 2.3 % decrease.
Deng Lejuan said that the acceleration of the shrinkage in factories is due to the low international oil prices and the “seasonal trend of low energy demand with the end of warming in the winter in northern China.”