3月份中國CPI漲幅與2月份持平 Chinese CPI holds steady as food prices rise
Higher food prices fuelled a rise in Chinese inflation in March, while the pace of deflation in producer prices moderated from the previous month.
食品的漲價幫助推升了3月份中國的通脹率。與此同時，生產者價格通縮的節奏比前一個月有所緩和。
The official consumer price index rose 2.3 per cent year-on-year in March, according to China’s National Bureau of Statistics, coming in just below expectations of 2.4 per cent among analysts surveyed. Consumer prices had risen at the same rate in February, accelerating from 1.8 per cent in January.
根據中國國家統計局(National Bureau of Statistics)的數據，3月份中國官方消費者價格指數(CPI)同比增長2.3%，只比在分析師中調查得出的2.4%略低一點。此前2月份上漲幅度與此相同，高於1月份的1.8%。
Despite a fall in transport and communications prices thanks to persistently low commodity prices, the headline figure was kept aloft in March partly by rising food prices, with fresh vegetable prices rising 35.8 per cent year-on-year to add 0.92 percentage points to the headline figure, while pork prices were up 28.4 per cent, contributing 0.64 percentage points.
儘管交通和通信方面的價格由於大宗商品價格持續走低而出現下跌，這一備受關注的數據卻在3月份保持在高位，其原因部分是食品價格的攀升。其中，新鮮蔬菜的價格同比上漲35.8%，把通脹率拉高了0.92個百分點，而豬肉價格則上漲28.4%，貢獻了0.64個百分點的通脹率。
An explanatory note released alongside the latest data pegged attributed the rise in annualized prices to a particularly cold winter across China. Core inflation, which does not include food or energy costs, was up 1.5 percent year-on-year.
與最新數據一道發佈的解釋說明文件，將物價的年度增幅歸因於全國性的特別寒冷的冬季。至於不包括食品和能源價格的核心通脹率，其同比漲幅則爲1.5%。
Meanwhile producer prices fell 4.3 per cent year on year in March – less severe than expectations of -4.6 per cent and up from a reading of -4.9 per cent in February.
同時，3月份生產者價格指數(PPI)同比跌幅只有4.3%，低於預期4.6%的跌幅，也小於2月份4.9%的跌幅。
While the latest reading of the official producer price index indicates chronic overcapacity remains a serious issue for China’s industrial sector, it also reflects continued improvement since January, when a five-month streak at -5.9 per cent finally snapped.
雖然最新的中國官方PPI指數顯示長期的產能過剩依然是中國工業部門的嚴重問題，但該指數也顯示出自1月份以來情況在持續好轉。今年1月，中國終於結束了連續5個月PPI同比跌幅達5.9%的狀況。
