China: February inflation seen decelerating – Yicai

China's February CPI is seen rising by 0.5%, decelerating from January's uptick of 0.9% given the fresh COVID-19 outbreaks-led hit to consumer demand after the Spring Festival, Yicai.com reported, citing analysts.
“PPI may begin to climb amid rising crude oil prices, and is likely to register 8.8%,” the Chinese media outlet reported.
Analysts' median forecast of CPI polled by Yicai.com is 0.77%, and that of PPI is 8.78%. China is scheduled to report inflation figures on Wednesday.
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















