BEIJING (dpa-AFX) - Consumer prices in China were down 0.2 percent on year in February, the National Bureau of Statistics said on Wednesday.
That exceeded expectations for a decline of 0.4 percent and was up from -0.3 percent in the previous month.
On a monthly basis, consumer prices climbed 0.6 percent - again beating forecasts for a gain of 0.4 percent but down from 1.0 percent a month earlier.
The bureau also said that producer prices were up 1.7 percent on year - exceeding expectations for an increase of 1.5 percent and up sharply from 0.3 percent in January.
Copyright RTT News/dpa-AFX
© 2021 AFX News