China’s consumer inflation hits five-month high, producer price index down 2.3pc amid weak factory demand

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China’s Jan CPI rises 0.5 per cent y/y, fastest in five months Producer price index down 2.3 per cent y/y amid weak...

The numbers were skewed by seasonal factors, as the Lunar New Year, China’s biggest annual holiday, began in January this year versus February last year.

BEIJING, Feb 9 — China’s consumer inflation accelerated to its fastest in five months in January while producer price deflation persisted, reflecting mixed consumer spending and weak factory activity.

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Category: EconomyBusiness

Markets: MalaysiaChina

Topics: China consumer prices China economy Producer price index

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Published On: 2025-02-09 @ 12:57:33 (1 days ago)

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Language: English

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