China's Consumer Price Index (CPI) shows a sign of easing recessionary pressure as the rate of decline has slowed markedly in March 2025. Based on the latest data updated on April 10, 2025, the CPI stood at -0.1%, an improvement from February’s steeper -0.7% year-over-year decline.
The softened contraction in the CPI signals a potential stabilization in the Chinese economy, indicating that consumer prices are beginning to level off. While still in negative territory, the movement toward the positive threshold reflects an encouraging shift. This trend, if sustained, could bode well for broader economic recovery in the months ahead.
March's CPI data reveals a narrower gap compared to the same period a year ago, further suggesting that deflationary pressures are diminishing. This development comes as a relief amid global economic uncertainty, underscoring the resilience and gradual resurgence of one of the world's leading economies.