
China's consumer price index (CPI) is expected to grow by about 1.4% in February from a year earlier, the Bank of Communications said on Monday.
The official CPI in February, a main gauge of inflation, is due to be released by the National Bureau of Statistics (NBS) on March 9, state news agency (Xinhua) reported.
A drop in vegetable, egg and aquatic product prices may drag down the February CPI, as food prices account for nearly one-third of the prices used, Tang Jianwei, the bank's senior economist, said in a report.
The growth of food prices in February are expected to decrease 1.8 percentage points from last month, said Tang.
Annual CPI growth will be around 2.5%, well below the official target of around 3%, according to the report.
China's CPI rose 2.5% year on year in January, up from the 2.1% rise in December, NBS data showed.
Source: QNA
GMT 15:13 2018 Saturday ,20 January
US 'erred' in supporting WTO membership for China, RussiaGMT 17:22 2018 Thursday ,18 January
US industrial output in 2017 posts biggest gain since 2010GMT 17:12 2018 Thursday ,18 January
No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
EU to remove Panama, South Korea from tax haven blacklistGMT 17:16 2018 Wednesday ,17 January
Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
Pressure rises on British govt over Carillion collapseGMT 17:52 2018 Monday ,15 January
Iran jetliner deal could take longer to complete, Airbus saysGMT 17:44 2018 Monday ,15 January
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor