China March consumer inflation steady at 1.4pc

April 10, 2015 4:19 AM

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China March consumer inflation steady at 1.4pc

BEIJING: Chinese inflation held steady at 1.4 percent in March, the government said on Friday, leaving policymakers further room for monetary stimulus as they try to manage a broad slowdown in the world's second-biggest economy.

The consumer price index (CPI) reading from the National Bureau of Statistics (NBS) was the same as February, when it rose from January's more than five-year low and slightly better than the median 1.3 percent forecast in a survey of 39 economists by Bloomberg News.

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