Economics

China’s Inflation Slows, Giving Central Bank Room to Ease

Both factory-gate and consumer inflation were below forecasts
PBOC governor vows to keep monetary policy supportive

WATCH: PBOC Governor Yi Gang says the central bank will keep its policy flexible, and that the growth is expected to return its to potential level this year.Source: Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Bloomberg News

February 15, 2022 at 8:42 PM EST

Updated on

February 15, 2022 at 11:08 PM EST

This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

China’s inflation eased in January as food and energy prices weakened, providing Beijing with more leeway to shore up a slowing economy ahead of a key political leadership meeting later this year.