Logo 11 Mar 2024

China isn’t out of the deflationary woods

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China's consumer prices rose for the first time in six months in February.
Per data released by the stats bureau (NBS) on Saturday:

The consumer price index (CPI) grew by 0.7% y/y in February, up from a 0.8% decline the previous month
The producer price index (PPI) fell by 2.7% y/y, compared to a 2...