(Bloomberg) -- China’s consumer inflation surged in March as food prices were driven higher by an outbreak of African swine fever, while a rebound in factory-gate prices signaled further stabilization in the economy.

• The consumer price index rose 2.3 percent last month from a year earlier after gaining 1.5 percent in February, while factory price growth accelerated to 0.4 percent, according to the National Bureau of Statistics. That compares to estimates of 2.3 percent and 0.4 percent respectively.

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