China’s CPI February 2023

According to the latest data released by the National Bureau of Statistics, China's consumer price index (CPI), a leading indicator of inflation, rose by 1 per cent year-on-year in February after reaching a three-month high of 2.1 per cent in January.

On a month-on-month basis, February's CPI declined by 0.5 per cent, compared with a 0.8 per cent increase in January.

Additionally, the data showed that China's producer price index (PPI), which measures factory-gate prices, fell by 1.4 per cent year-on-year in February after a contraction of 0.4 per cent in January.