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China Sourcing Update: Major Price Indicators (Feb 2019)

1. CPI growth decelerates in February

The year-on-year growth rate of China’s consumer price index (CPI) decelerated to 1.5% in February from 1.7% in January.

2. Ex-factory prices of industrial products fall at slower pace in February

The year-on-year growth in China’s producer price index of industrial products (PPI) came in at 0.1% in February, the same as in January.

3. Domestic prices of production inputs go down in February

The year-on-year growth rate of the purchaser price index of industrial products fell from 0.2% in January to minus 0.1% in February. On a month-on-month basis, the purchaser price index dropped slightly by 0.1% in February, falling for three consecutive months.

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Content provided by Fung Business Intelligence
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