China consumer prices rise in February for first time in six months
Published
Beijing (AFP) Mar 9, 2024
Chinese consumer prices rose in February for the first time since August, data showed Saturday, bucking a months-long stretch of deflation that compounded the country's myriad economic woes. The world's second-largest economy posted some of its lowest growth in decades last year and is battling a prolonged property sector crisis and soaring youth unemployment. But in a rare bright spot,