NBS: China's Mar CPI rises 1%, PPI gains 0.5% YoY

China's Consumer Price Index (CPI) in March went up 1% from the same month in the previous year but slid 0.7% from February, while the country's Producer Price Index (PPI) went up 0.5% on year and increased 1% on month, according to the latest data released by the country's National Bureau of Statistics (NBS).

In March, the country's CPI snapped a three-month rise and retreated from February, while its on-year growth also narrowed, dragged mainly by the weakening prices of food and services, noted Dong Lijuan, a senior statistician with NBS. Consumer demand declined last month after people's celebration activities for the Chinese New