China inflation data for March 2025.

CPI -1.0% m/m

• expected -0.5%, prior +1.0%

CPI 0.1% y/y

• expected +0.4%, prior +0.7%

PPI -0.1% m/m

• prior -0.2%

PPI -2.8% y/y

• expected -2.8%, prior -2.7%

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Meanwhile, stocks in China have opened lower, following on from the drop on Wall Street in the face of sticky high inflation.

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At least one thing is clear, if you want low inflation move to ….

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