China’s inflation turns negative, but seasonal factors skew the picture

Released over the weekend, China’s consumer inflation dipped into negative territory for the first time in over a year, with February’s CPI coming in at -0.7% yoy, weaker than the expected -0.5% yoy, and a sharp reversal from January’s 0.5% yoy gain. Core CPI, which strips out food and energy prices, also slipped by -0.1% […]

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