Home   News & Events

China's CPI up 0.7% in February

2024/3/14

China's consumer price index (CPI), a main gauge of inflation, edged up 0.7 percent year on year in February, reversing a 0.8-percent decline in January, official data showed.

On a monthly basis, the CPI went up 1 percent in February, expanding by 0.7 percentage points from that in January, said the National Bureau of Statistics (NBS).

NBS statistician Dong Lijuan attributed the uptick in CPI to rising demand during the Spring Festival holiday that fell in February this year.

The core CPI, deducting food and energy prices, went up 1.2 percent year on year in February, according to the NBS. (Xinhua)


JINGWEI