Retail

China's CPI sees modest increase in January: NBS

11 Feb '25

1 min read

China's CPI sees modest increase in January: NBS

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Insights

China's consumer price index (CPI) rose by 0.5 per cent YoY and 0.7 per cent month on month (MoM) in January.
The core CPI (excluding food and energy) rose by 0.6 per cent YoY in the month, up from the 0.4-per cent YoY increase in December 2024.
The country's producer price index went down by 2.3 per cent YoY in January, flat with that in December 2024.
It dropped by 0.2 per cent MoM in the month.

The consumer price index (CPI) in China rose by 0.5 per cent year on year (YoY) and 0.7 per cent month on month (MoM) in January this year, according to the National Bureau of Statistics (NBS).

The figure was up from the 0.1-per cent increase registered last month, largely due to the influence of the Spring Festival holiday, said NBS statistician Dong Lijuan.

The core CPI, which excludes food and energy prices, rose by 0.6 per cent YoY in January, up from the 0.4-per cent YoY increase recorded in December 2024.

The country's producer price index (PPI), which measures costs for goods at the factory gate, went down by 2.3 per cent YoY in January, flat with that in December last year, a state-controlled news agency reported. It dropped by 0.2 per cent MoM in the month.

Fibre2Fashion News Desk (DS)

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