China's consumer prices rose in February for the first time in six months, attributed to spending related to the Lunar New Year, marking an end to four consecutive months of declines. This development offers a reprieve for the Chinese leadership, which recently set an aspirational growth target for the economy amidst concerns over weak consumer sentiment and ongoing deflation risks. Despite the rise in consumer prices, factory-gate prices continued to fall, with the Consumer Price Index (CPI) up 0.7% and the Producer Price Index (PPI) down 2.7% in February.
#China’s consumer prices returned to growth for first time in six months in Feb, factory-gate prices fell at faster pace https://t.co/K7phC3C5Uz
China's consumer prices swing up on seasonal Lunar New Year gains https://t.co/3PDe7iyP2S
Morning Bid: Are China's inflation, capital flows tides turning? https://t.co/4Dggivaonp https://t.co/PebReQDQki
China’s CPI rose last month for the first time since August as the Lunar New Year boosted spending https://t.co/NK2eYNK8RO
CITI: “China’s #CPI inflation returned to positive territory .. the first time since September 2023. But .. the improvement could prove temporary .. Durable goods prices are still staying soft .. further policy efforts are essential to foster and consolidate reflationary… https://t.co/OWqYHCwpX6
China prices start to rise again -Feb PPI from -2.5% (Jan) to +2.7% (Feb) -Feb CPI from 0.3% (Jan) to +0.7% (Feb)
China’s consumer prices rose for the first time since August, breaking a contraction streak that has put growth potential in the world’s second-largest economy under pressure.https://t.co/FbOfa0JW8A
China's CPI up 0.7%, PPI down 2.7% in February https://t.co/aNSDt79k5o
China’s consumer prices rebound thanks to holiday boom, but deflation risks loom -SCMP https://t.co/0GwcI5gztM via @scmpnews
China’s consumer prices rebound thanks to holiday boom, but deflation risks loom https://t.co/XJO8YAX8Kd
China’s consumer prices rose for the first time in six months due to spending linked to the Lunar New Year, offering some reprieve for the world’s second-biggest economy grappling with weak consumer sentiment, while factory-gate prices fell again. https://t.co/GOKO4o2GDR
China’s consumer prices rose in February, ending four straight months of declines and offering a much-needed reprieve for leaders in Beijing https://t.co/iqfdaDLEYy https://t.co/iqfdaDLEYy
China’s consumer prices rose in February, ending four straight months of declines and offering a reprieve for leaders seeking to project confidence days after setting an aspirational growth target for the economy. @ByXiaoXiao https://t.co/Unx2HdYuCu https://t.co/Unx2HdYuCu