China consumer inflation stays at 1.4 percent year-on-year in March

April 10, 2015 2:25 AM

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China consumer inflation stays at 1.4 percent year-on-year in March

SHANGHAI (Reuters) - China's consumer inflation stayed flat at 1.4 percent in March, while producer prices fell slightly less than projected, official data showed on Friday, keeping pressure on profit margins at Chinese companies as Beijing struggles to stimulate growth.

Analysts polled by Reuters had predicted the March consumer price index (CPI) would come in at 1.3 percent, compared with 1.4 percent posted the prior month.

Also read: U.S. Consumer Spending Rises at More Moderate Pace, Incomes Jump

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