Pursuits
China’s Disinflation Eased in February on Holiday Spending
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China’s consumer prices rose faster than economists forecast in February after the central bank stepped up policy easing and the Lunar New Year holiday pushed up food and transport costs.
The consumer-price index climbed 1.4 percent from a year earlier, compared with the median projection for a 1 percent increase in a survey of analysts by Bloomberg News. Producer prices fell 4.8 percent, extending a record stretch of declines to 36 months, driven by weaker commodity prices.