A spike in food prices due to Chinese New Year looks likely to have caused inflation to pick up further in February. Once seasonal volatility has faded, we expect inflation to rise further this year but still to remain below the government’s inflation target – which we expect to be reaffirmed at 3% at the NPC meeting this weekend.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services