The Chinese Consumer Price Index falls below zero in February

[ad_1]

“Huaxia Honghu 01″‘s Huaxia Honghu 01’s air view of Huaxia Honghu 01, Yantay on March 6, 2025, after delivery of Yantay Construction in the Yantay Construction in Shandong Province.

VCG | Visual Chinese group | Getty pictures

In February, China’s National Consumer Prices (CPI) fell to the negative area since last year, decreased in food, tobacco and alcohol prices.

CPI reduced 0.7% from one year before a year published The National Bureau of China returned his annual income in January on Sunday.

According to a Reuters inquiries of a Reuters, the reading is 0.5%, the readings of the annual contraction.

In February, China’s CPI fell by 0.2% monthly compared to 0.7% in January.

The information comes as investors continue to search for signs that Beijing’s stimulation measures can help increase the country Economic recovery.

China appointed GDP target in 2025 “about 5%“And by increasing domestic demand, he put plans to stabilize economic growth.

Beijing, as well as the annual consumer price inflation, according to the “about 2%” institution of Asian Society Policy, and raised more than two decades – 3% or higher.

The purpose of the new inflation will move as a ceiling than a target.

Economists tell This year, China’s growth target can be difficult to get about 5% this year, especially insistently persistent internal internal consumption and one Increase trade dispute US President Donald Trump’s management.

– CNBC’s Evelyn Cheng & Anniek Bao contributed to this report.

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *