BEIJING, April 10 (Reuters) - China's factory-gate
prices in March turned positive for the first time in more than
three years, official data showed on Friday, pointing to rising
import cost pressures linked to the Middle East crisis.
The producer price index (PPI) increased 0.5% from a year
earlier, according to data from the National Bureau of
Statistics, ending a 41-month streak of declines. The reading
beat an estimated 0.4% gain in a Reuters poll.
The consumer price index (CPI) ticked up 1% year-on-year,
slower than a 1.3% rise in February. Economists polled by
Reuters had expected prices to climb 1.2%.
On a monthly basis, CPI fell 0.7%, below expectations for a
0.2% decline and compared with a 1% rise in February.