China 1-Year Loan Prime Rate (%, eop)

Policy Interest Rate in China

Consumer inflation dropped to 0.1% in April from March’s 0.7%. Producer prices fell 3.6% on an annual basis in April, which was a steeper drop compared to March’s 2.5% decrease. Price pressures should rise slightly later this year, although the upturn will be checked by car retailer discounts, a stronger yuan, reduced supply disruptions and mild external price pressures.