Financial Wire

China's Factory Gate Prices Return to Growth in March, Snapping Over Three-Year Decline

China's factory gate prices ended their 41 consecutive months of decline in March, mainly due to imported inflationary pressures and improved supply-demand dynamics in some domestic industries, according to data released Friday by the National Bureau of Statistics.The producer price index rose 0.5% last month, rebounding from the 0.9% decline in February.The March reading was higher than the 0.4% gain estimated in a Reuters poll.

-- China's factory gate prices ended their 41 consecutive months of decline in March, mainly due to imported inflationary pressures and improved supply-demand dynamics in some domestic industries, according to data released Friday by the National Bureau of Statistics.

The producer price index rose 0.5% last month, rebounding from the 0.9% decline in February.

The March reading was higher than the 0.4% gain estimated in a Reuters poll.