China CPI hits 3-year high at 1.3% as Lunar New Year spending lifts prices

China saw consumer inflation pick up in February, with prices rising at the fastest yearly pace in about three years as Lunar New Year spending gave demand a lift. Data released Monday by the National Bureau of Statistics showed China’s consumer price index rose 1. 3% from a year earlier in February. That was stronger than […] source: https://www.cryptopolitan.com/china-cpi-hits-3-year-high/