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China's Inflation Unexpectedly Accelerates In February To 2.3% Amid Higher Food Prices

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 10, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    China's consumer prices increased the most since mid-2014 in February as food costs rose amid the week-long Lunar New Year holidays. China's inflation accelerated to an annual 2.3% rate in February, according to the National Bureau of Statistics, compared with economists' forecast for a 1.8% increase. Food prices spiked 7.3%,[​IMG]

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