China's economic landscape entered 2025 on a stable note, with key price indicators reflecting a steady recovery. The National Bureau of Statistics released data showing a year-on-year increase of 0.5% and a month-on-month rise of 0.7% in the Consumer Price Index (CPI). Meanwhile, the Producer Price Index (PPI) experienced a year-on-year decrease of 2.3% and a month-on-month drop of 0.2%.
The rise in CPI was partly driven by the Spring Festival, China's most significant traditional holiday, which typically boosts consumer spending on food and services. This seasonal surge is a common trend observed in the country's economic data, leading to fluctuations in consumer prices during this period.
Despite the increase in consumer prices, the PPI decline remained consistent, indicating stable production costs for businesses. This balance between consumer and producer prices provides a strong foundation for the overall economic health of the nation.
The stable price trend at the beginning of 2025 offers ample room for macroeconomic policy adjustments, supporting sustainable growth. Analysts view these indicators as positive signs of China's continued economic resilience and its ability to navigate global economic challenges.
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China's price trend remains stable amid steady economic recovery
cgtn.com
