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China's inflation rose to 1.3% in February 2026, driven by holiday spending, while factory prices continued to fall.
China’s consumer inflation rose to 1.3% year-on-year in February 2026, the highest in over three years, driven by strong holiday spending during the extended Lunar New Year, with the monthly CPI increasing 1%.
Core CPI, excluding food and energy, climbed to 1.8% from 0.8% in January.
Meanwhile, factory-gate prices fell 0.9% year-on-year, the smallest drop since July 2024, reflecting a slight improvement in industrial deflation.
The data signals a modest rebound in domestic demand, though ongoing challenges include a property downturn and weak industrial output.
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La inflación de China subió al 1,3% en febrero de 2026, impulsada por el gasto de vacaciones, mientras que los precios de fábrica continuaron cayendo.