China: CPI: Food, Alcoholic Beverages, and Tobacco: YoY

Macro

2025-01-17

Description

-

Published by
National Bureau of Statistics of China (Choice)
Frequency
Yearly
Next Update

AI Data Insight

The annual growth rate of China's food, tobacco, and liquor CPI fell to -0.6% in 2024, further widening the decline from -0.3% in 2023. Although pork prices rebounded at the end of the year, overall consumer demand for basic livelihood remains sluggish, reflecting that deflationary pressures have not yet been fully relieved.

AI Data Insight

The annual growth rate of China's food, tobacco, and liquor CPI fell to -0.6% in 2024, further widening the decline from -0.3% in 2023. Although pork prices rebounded at the end of the year, overall consumer demand for basic livelihood remains sluggish, reflecting that deflationary pressures have not yet been fully relieved.

Description

-

Published by
National Bureau of Statistics of China (Choice)
Frequency
Yearly
Next Update