With discharge in food and services, rate is the highest in 5 months; reflects pressure on the country’s economy
China inflation accelerated 0.5% in January compared to the same month of the previous year. Compared to December, the increase was 0.7%. This is the highest rate in 5 months, according to released by (National Statistics Office) On Sunday (9.FEV.2025).
The food sector registered an increase of 0.4% year to year and 1.3% month by month, with emphasis on pork, which rose 13.8% over the previous year.
In the service sector, the increase was 1.1%, with trips (+7.0%) and family services (+4.7%) pulling up.
On the other hand, the producer price index fell 2.3% in January, marking the 28th consecutive month of deflation, according to information from the .
This reflects surplus of industrial goods and weakened demand, even with the efforts of the Chinese government to stimulate the economy after You give rates by the United States.