
China’s February CPI rebounds as factory-gate deflation eases
China’s February CPI rose 1.3% year over year (1.0% month over month) and core CPI hit 1.8%, while the PPI remained deflationary at -0.9% year over year as service-price gains during the Lunar New Year supported the uptick. The authorities kept the 2026 inflation target around 2% and continued incremental stimulus to bolster domestic demand, with growth likely aided by exports amid geopolitical tensions that lifted commodity prices.













