10 Feb 2025
China’s annual inflation rate climbed to 0.5% in January 2025 from 0.1% in December, surpassing market expectations of 0.4%. This marked the highest level since August 2024, driven by seasonal effects from the Lunar New Year at the end of the month. The latest result also reflected the impact of recent government stimulus measures and the central bank’s accommodative monetary policy to support the economy.
CROSBY Research – Crosby Bi-noculars (Bi-weekly Issue 74)