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China’s consumer inflation rebounds on surging food prices, factory gate price picks up for first time in 9 months

China’s consumer inflation picked up sharply in March boosted by surging food prices after an outbreak of African swine fever has drive pork prices higher, while factory-gate prices picked up for the first time in nine months.

China consumer price index (CPI) rose 2.3 per cent from a year earlier, picking up from the 1.5 per cent increase in February, the National Bureau of Statistics (NBS) said on Thursday.

That marks the highest level in five months and it's the first . . .

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