According to the National Statistics Office of China, the consumer price index (CPI), the main measure of inflation, increased by 0.5% last month.
China's CPI index increased by the beginning of the Lunar New Year holiday, which is the highest increase since the increase of 0.6% in August last year.
According to the National Statistics Office of China, the price of items related to the Lunar New Year increases when millions of Chinese people return to their homeland to reunite and organize parties. The price of fresh vegetables increased by 2.4% over the same period last year, the price of pork increased by 13.8%.
The analyst for the Goldman Sachs Bank's request stated in the 9th report that the price increased last month "mainly due to food prices and prices of tourism -related services increased when the Lunar New Year holiday arrived early early early. More than usual ".
"However, this gain momentum may become a resistance in February when the demand for seasonal decreases," the expert asked for Chen.
In January 2024, China recorded the strongest discount in 14 years. Inflation remains below 0.5% in 9 months of 2024.
Last year, Beijing published a series of measures to promote the economy, including cutting interest rates and canceling restrictions on buying houses.
Last month, Chinese policy makers expanded the subsidy program for ordinary household goods, from water purifiers to laptops and trams.
On 6.2, the Ministry of Commerce of China informed, during the holiday season, sales of household appliances and communication equipment in retail businesses increased by more than 10% compared to the same period last year.
