China's consumer price index (CPI) grew 1.3% year-on-year in February 2026, according to data released Monday by the National Bureau of Statistics (NBS). The figure reflects stable price movements amid ongoing economic recalibration efforts across the Chinese mainland.
Core inflation, which excludes volatile food and energy prices, showed stronger growth at 1.8% compared to February 2025. NBS spokesperson highlighted this as evidence of "measured consumer demand and effective monetary policy coordination" during seasonal production adjustments.
Analysts note the moderate inflation aligns with projections for gradual post-pandemic recovery patterns. The food price index showed particular stability, rising just 0.7% year-on-year – a critical factor for household budgeting across urban and rural areas.
This latest data arrives as policymakers balance growth initiatives with price stability measures. Market observers suggest the numbers support current strategies to maintain liquidity while containing speculative pressures in key sectors.
