China’s Provinces Set Ambitious 2% Inflation Goal for 2025
China’s provincial governments have set a 2% inflation target for 2025, lowering it by one percentage point, aiming to boost consumer demand with economic stimulus measures.
Inflation
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China’s consumer prices rose by 0.2% in November, while producer price declines slowed, indicating a stabilizing economy driven by increased domestic demand and effective policy measures.
China’s Inflation Edges Up by 0.2% in November
China’s consumer prices edged up by 0.2% in November, signaling slight inflation growth, according to official data from the National Bureau of Statistics.