
BEIJING (Reuters) -- China's factory gate deflation deepened in March, official data showed on Friday, with prices falling the most in five months, underlining broad economic damage wrought by the coroanvirus outbreak.
China's producer price index (PPI) fell 1.5% from a year earlier, according to data released by the National Bureau of Statistics. It compared with a median forecast of a 1.1% fall tipped by a Reuters poll of analysts and a 0.4% drop in February.