• 09/20/2024

China’s consumer prices rebound thanks to Lunar New Year spending boom, but deflationary risks still loom

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

China’s CPI grows by 0.7 per cent year on year in February, beating forecasts and marking first rise following six months of decline, but factory gate prices fall for 17th straight month in what analyst describes as ‘warning signal’.

https://www.scmp.com/economy/economic-indicators/article/3254795/chinas-consumer-prices-rebound-thanks-lunar-new-year-spending-boom-deflationary-risks-still-loom?utm_source=rss_feed