In March, Guangdong's CPI increased by 0.7% year-on-year and PPI decreased by 0.3% year-on-year.
According to the data released by the Guangdong Survey Team of the National Bureau of Statistics on the 11th, in March, affected by the seasonal decline in consumption demand after the Spring Festival holiday, the year-on-year increase in the consumer price index of Guangdong residents fell back, and the month-on-month increase turned into a decrease; the producer price index of industrial producers in Guangdong was affected by factors such as high international commodity prices, and the month-on-month increase was significant. In March, the consumer price index of Guangdong residents rose by 0.7% year-on-year and decreased by 1.1% month-on-month. On average from January to March, the consumer price index of Guangdong residents rose by 0.5% compared to the same period last year. In March, the producer price index of industrial producers in Guangdong fell by 0.3% year-on-year and rose by 0.9% month-on-month. The purchase price index of industrial producers rose by 1.2% year-on-year and 1.4% month-on-month.
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