Air view of the “HUXIA HONGHU 01” installation platform of bottom wind energy after delivering at the Yantai Raffles construction base on March 6, 2025 in Yantai, the province of China Shandong.
VCG Visual China Group Getty images
The Chinese national consumer price indicator (CPI) in February came to a negative territory for the first time since January last year, burdened with a decrease in food, tobacco and alcohol prices.
CPI dropped by 0.7% last month from the year earlier, data published Sunday by China National Bureau of Statistics showed what in January withdrawing by 0.5% year on year.
According to the Reuters survey, in the reading he did not respect the one -year -old contraction of 0.5%.
Meanwhile, China CPI fell by 0.2% in February compared to 0.7% increase in January.
Data appears because investors are still looking for signs that Beijing stimuli can help increase the country economic recovery.
On Wednesday, China set the purpose of GDP at 2025.About 5%“He developed plans to stabilize economic growth by supporting domestic demand.
According to Asia Society Policy Institute in previous years, Beijing has also changed its annual purpose of consumer price inflation to “about 2%” – the lowest in over two decades – with 3% or more in previous years.
The new purpose of inflation would act more as a ceiling than a goal that should be achieved.
Econmists to talk The purpose of China's growth of about 5% this year can be difficult to achieve, especially among the persistently poor national consumption and Escalation of commercial dispute with the administration of US President Donald Trump.
– Evelyn Cheng and Anniek Bao from CNBC contributed to this report.