China March CPI Rises 2.3% on Year

In March, China's Consumer Price Index (CPI) was 2.3%, slightly below the forecast of 2.4%. The Producer Price Index (PPI) showed a decrease of 4.3%, indicating a deflationary trend since 2012. Food prices, particularly pork, and rising real estate prices have influenced the CPI. The People's Bank of China (PBOC) may have more room for easing monetary policy, as the CPI is below the government's 3% inflation target for 2016. The PPI's firming up could signal a positive shift for economic growth.

What was the Consumer Price Index (CPI) for March in China, and how did it compare to the forecast?

• 2.3%, matching the forecast

• 2.3%, below the forecast

• 2.4%, matching the forecast

• 2.4%, above the forecast

Which component of the food basket saw a significant price increase in the first quarter?

• Rice

• Vegetables

• Fish

• Pork

How have real estate prices been trending in China's first-tier cities?

• Rising

• Fluctuating

• Stable

• Decreasing

What does the current CPI level suggest about the People's Bank of China's potential monetary policy actions?

• Increase interest rates

• Maintain current rates

• Halt all monetary actions

• Continue easing bias

What is the significance of the Producer Price Index (PPI) showing signs of strengthening?

• It shows a stable economic environment

• It suggests potential for economic growth

• It means immediate rate hikes are necessary

• It indicates a worsening deflationary cycle