Reported about 19 hours ago
China's consumer inflation has dipped below zero for the first time in 13 months, with a 0.7% decline reported for February compared to the previous year. This decline is influenced by seasonal factors and ongoing deflationary pressures within the economy. Analysts note that inflation remains low as the country aims for a 2% growth target for 2025, reflecting the government's recognition of economic challenges and a need for increased domestic demand.
Source: YAHOO