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China's GDP rose by 18.3% y/y in Q1 2021 on the back of low base effects
The growth accelerated from 6.5% y/y in Q4 2020, with last year’s growth rate averaging 2.3%.
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China’s factory gate prices surged by 4.4% y/y in March
PPI for producer goods surged by 5.8% y/y in March, while PPI for consumer goods only recorded a 0.1% y/y increase.
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China’s CPI Increased by 0.4% y/y in March
Food prices fell by 0.7% y/y in March, driven mainly by falling pork prices
