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Financial News: China Consumer Prices Ease 0.2% On Year In

China Consumer Prices Ease 0.2% On Year In February

03/09/2021 - 20:45:00 (RTTNews)

(RTTNews) - Consumer prices in China were down 0.2 percent on year in February, the National Bureau of Statistics said on Wednesday.

That exceeded expectations for a decline of 0.4 percent and was up from -0.3 percent in the previous month.

On a monthly basis, consumer prices climbed 0.6 percent - again beating forecasts for a gain of 0.4 percent but down from 1.0 percent a month earlier.

The bureau also said that producer prices were up 1.7 percent on year - exceeding expectations for an increase of 1.5 percent and up sharply from 0.3 percent in January.

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