China's producer price index (PPI), which measures costs for goods at the factory gate, fell 2.5% year on year in March, down further from a 1.4% drop a month earlier, the National Bureau of Statistics said on April 11.

On a monthly basis, the index was flat for the second month in a row.

"In March, impacted by China's faster economic rebound and prices of some global commodities, PPI keeps flat from a month earlier; it continued to fall year-on-year due to a higher base of comparison," said NBS's Statistician Dong Lijuan.

The consumer price index (CPI) increased 0.7% from a year earlier in March, after a 1.0% gain in February. On a month-on-month basis, the index fell 0.3% from a 0.5% fall in February.

In March, industrial and residential activities were still in a process of recovering, and the supply was abundant in the consumer market, leading to consumer prices down on a month-on-month basis and up on year on year, the official said.

Food prices in China rose 2.4% from a year earlier in March, compared to 2.6% growth in February, while non-food prices grew by 0.3% last month, down from a 0.6% rise in the previous month.

China's core consumer inflation rate, excluding the volatile prices of food and energy, rose by 0.7% in March compared with a year earlier, after a 0.6% rise in February.

(Writing by Alex Guo  Editing by Harry Huo)
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