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China's March Consumer Inflation Slows to 1%, Missing Forecasts

China's consumer price index logged a 1% annual rise in March, slower than the 1.3% increase in February, according to data from China's National Bureau of Statistics.This was slower than the 1.2% rise expected by economists polled by Reuters.Core CPI, which excludes food and energy prices, went up 1.1%.On a monthly basis, CPI ticked down 0.7%.

-- China's consumer price index logged a 1% annual rise in March, slower than the 1.3% increase in February, according to data from China's National Bureau of Statistics.

This was slower than the 1.2% rise expected by economists polled by Reuters.

Core CPI, which excludes food and energy prices, went up 1.1%.

On a monthly basis, CPI ticked down 0.7%.