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China March factory, consumer inflation slows in sign of ebbing economic growth

Reuters  |  BEIJING 

BEIJING (Reuters) - China's factory-gate inflation cooled to a 17-month low in March, probably indicating an ebbing in demand and backing expectations of a broader slackening in economic growth this year as authorities extend a clamp-down on financial risks. Consumer inflation also eased sharply in the previous month as the effects of booming demand spurred by the Lunar New Year holiday in February receded, official data showed on Wednesday. The data comes amid some worries that an escalating trade dispute between China and the United States could stoke price pressures over the coming months, ...

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First Published: Wed, April 11 2018. 10:04 IST
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