Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the Lunar New Year holiday

Author: The Associated Press, ABC News
Published on: 09/03/2025 | 05:47:47

AI Summary:
Consumer prices fell in China in February for the first time in 13 months. On a monthly basis, prices were down 0.2% from January. China’s policymakers face flat to falling prices. The government stressed the need to increase domestic demand and consumer spending. The consumer price index was flat in 2024, rising 0.2%. A burgeoning trade war with the United States could add to China’s economic headwinds.

Original: 355 words
Summary: 67 words
Percent reduction: 81.13%

I’m a bot and I’m open source