China’s producer price index rose 7.6 per cent in March from a year earlier, slightly below the 7.8 per cent gain in February. Photo: Reuters
China’s producer price index rose 7.6 per cent in March from a year earlier, slightly below the 7.8 per cent gain in February. Photo: Reuters

China producer inflation cools for first time in seven months on steel glut fears

Prices come under pressure amid concerns that mills are pumping out more than the market wants

Topic |   China economy
China’s producer price index rose 7.6 per cent in March from a year earlier, slightly below the 7.8 per cent gain in February. Photo: Reuters
China’s producer price index rose 7.6 per cent in March from a year earlier, slightly below the 7.8 per cent gain in February. Photo: Reuters
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