National Bureau of Statistics interpretation: The current moderate rebound in prices has not changed.

09:49 09/03/2025

Dong Lijuan, Chief Statistician of the Urban Department of the National Bureau of Statistics, interprets the February 2025 CPI and PPI data.

20252CPIPPIIn February 2025, Dong Lijuan, Chief Statistician of the Urban Division of the National Bureau of Statistics, interpreted the CPI and PPI data. Due to factors such as the Lunar New Year being in the wrong month, prices fell slightly in February. In terms of structure, some areas showed positive changes in prices, with some industrial consumer goods and service prices stabilizing or rising in the CPI, and the decline in the PPI narrowing slightly. The current trend of moderate price rebound remains unchanged.Family Statistics Bureau official website, GMTEight editor: Liu Jiayin."Bonjour, comment allez-vous aujourd'hui?" "Hello, how are you doing today?"

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The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.