China March CPI -0.1 % Y/Y (expected +0.1 %)

China March 2025 inflation data

CPI China (YOY) (March 2025) -0.1 %

• Expected +0.1 %, before -0.7 %

CPI (mom) -0.4 %

• Expect -0.2 %, before -0.2 %

PPI (yoy) -2.5 %

• Expected -2.3 %, 2.2 % before

Meanwhile, the wild yuan, CNY, decreased to its weakest since late December 2007. About 7.3518 in market trading.

The preparation of the PBOC CNY reference price today was 7.2092.

As I indicated every day, there is a trading division +/- 2 % that PBOC allows the wild yuan (there is no such naked external, CNH) to make the border today:

• 7.353384
• …. Mother, the negative side does not matter.

USD/CNH is much higher: