Chinese consumer prices to lower a second straightforward month; Manufacturer Deflation deepens

China’s consumer prices have signed a contract for a second straight month, because the manufacturer increased further, because China exporters had more pain for more pain between the United States

Consumer price index sliding 0.1% year in March0.7% in February remaining in the deflation area after signing the contract Information published by the Bureau of National Statistics Thursday.

Economists surveyed by Reuters, waiting for a straight reading compared to the same period last year.

Manufacturer prices decreased by 29th, 2.5% From March a month from a year Earlier and the biggest contraction since November 2024.

Reuters were expected to decrease by 2.3% inquiries.

Although the main inflation in which detained food and fuel prices is below the 0.6% increase in January, 0.5% and decline increased by 0.1%.

“We see more disagreements between more consumer prices and manufacturers’ prices,” said Tianchen Xu, the economist Intelligence section showed signs of chief economist, core consumer prices, manufacturer prices, for violation of trade.

“Chinese exporters are essentially competing for a small global market,” he said.

US President Donald Trump Raised tariffs up to 125% to Chinese imports Overnight, above 104%. Hours were previously, China had revenge Strikes the United States with 84% tariffs on Wednesday.

The information signal “Initiatives, especially initiatives, especially initiatives aimed at increasing policy, especially the increase in consumption.”

“The latest policy is expected to gradually show signs of additional strategies to promote aggressive price cutting and home expenditures,” he said in the coming months of the CPI, “he said.

Meanwhile, the probability of continuing the process of deflation in the prices of the manufacturer, the deflation pressures of uncertainties related to the prices of oil and foreign demand, which are ongoing trade.

After data issuance, yuan has been down to the weakest level since 2007, after the weakest level, many decades of yuan. Yuan in the sea increased by 0.23% to $ 7,3611.

Mainland China’s CSI 300, Hong Kong’s suspension threw 3.9% A wider recovery in Asia Markets.

In March there was Chinese Prime Minister Li Qiang Provided the annual report on government work As the country’s “approximately 5%” increase is an ambitious goal, it was called the development of consumption as the best task.

It is a high priority for the first time that Beijing gave such a high priority, Morgan Stanley said that the strategy of China’s capital is Laura Wang. He added that the “consumption” of the government’s work is 27 times – most like a decade.

Li Daokui, Mansfield Freeman, Tsinghua University Professor. and the former adviser in the People’s Bank of China, said CNBC “Chinese connection” On Thursday, Beijing has prepared another stimulus measures aimed at increasing internal consumption to spread soon.

With the rising tariffs caught by the United States, “Beijing will double the intensity of the increase in domestic consumption or even see the announcements from the State Council for 10 days in four days.”

In the interior consumption, Chinese politicians in March This year, 300 billion yuan ($ 41.47 billion) doubled subsidies for a consumer trade program. The subsidies will last from about 15% to 20% of the purchase price for selected products, including secondary renewes and household appliances.

This was announced for the last one-year 150 billion yuan program, in summer, a narrow product range.

China should pay more attention to the head of the head of the head of the Project of the Government’s Business Report and the Project of the Government’s Business Report and the head of the State Council Research Office Sen Danyang.

Chinese officials said that the growth target will require “very difficult work” according to a CNBC translation of Chinese expressions. The situation with increased trade tensions between Beijing and Washington has become even more difficult.

“Politicians are ready to do more to support the domestic demand, many financial costs are dedicated to expanding the supply of the economy,” Julian Evans-Pritchard, the head of the head of the head of the Chinese economy.

“The consumption support is unlikely to be sufficient to completely replace the export of weak exports. Thus, the excessive decrease is set up to reduce prices, evans-pritchard.

– CNBC’s Evelyn Cheng contributed to this report.