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China’s consumer inflation quickens in January, producer deflation persists

China's Consumer Price Index rose 0.5% year-on-year in January, up from December's 0.1% increase, according to the National Bureau of Statistics.
The Producer Price Index fell by 2.3% in January, marking the 28th consecutive monthly decline, as reported by the National Bureau of Statistics.
Consumer spending during the Lunar New Year holiday grew by only 1.2% from a year earlier, compared to a 9.4% rise in 2024, according to analysts at ANZ.
Analysts warned that China needs to combat deflationary pressures and revitalize domestic demand in 2025 due to external uncertainties, as noted by Zhiwei Zhang.

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Inquirer

+5 Reposted by 5 other sources

China inflation picks up after Lunar New Year spending boost

Shanghai, China — Inflation picked up in China last month, official figures showed Sunday, as the Lunar New Year holiday boosted January spending. China has struggled to raise consumption and stave off deflation for months as sluggish spending, a property slump and ballooning local government debt all weigh on growth. The consumer price index (CPI),

12 days ago·Manila, Philippines

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La Tercera

China's inflation peaks in five months and production deflation persists

China's consumption inflation accelerated in January at its fastest pace in five months, while deflation of production prices persisted, as a result of mixed consumer spending and weak factory activity.According to analysts, deflationary pressures are likely to persist in China this year, unless economic leaders can revive slow domestic demand, in a situation marked by US President Donald Trump's tariffs on Chinese products, which add pressure o…

12 days ago·Chile

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U.S. News

China's Consumer Inflation at 5-Month High, Producer Deflation Persists

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.

13 days ago·New York, United States

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Reuters

+6 Reposted by 6 other sources

China's consumer inflation at 5-month high, producer deflation persists

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.

13 days ago·United Kingdom

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CGTN

China's price trend remains stable amid steady economic recovery

China's stable price trend at the start of 2025 provides an important foundation for the healthy operation of the economy and offers sufficient space for macroeconomic policy adjustments.

13 days ago·Beijing, China

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美国之音

China's consumer inflation accelerated in January under the influence of the Spring Festival, and the manufacturing industry continued to weaken

According to official Chinese data, due to the impact of the Spring Festival, the Chinese Consumer Price Index (CPI) increased 0.5% per year in January this year, the highest growth rate in five months. However, the producer price index (PPI) is down 2.3% a year and has been falling for 28 consecutive months, reflecting uneven consumer spending and sluggish manufacturing activity.

13 days ago

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