# China PPI

China’s Consumer Prices Tick Up as Producer Inflation Eases — Seasonal Consumer Bounce Meets Commodity-Driven Input Costs

February’s Chinese CPI rose 1.3% year-on-year and 1.0% month-on-month, boosted by a post-holiday surge in services. Producer prices continued to recover, with PPI up 0.4% month-on-month and an annual decline narrowing to 0.9%, reflecting rising commodity prices and firmer industrial demand.