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CHINA PRESS: China's CPI, PPI To Recover In 2025

CHINA PRESS
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China’s CPI is expected to fluctuate with the recovery of domestic demand and food price cycles in 2025, with the median likely being 1%, 21st Century Business Herald reported citing Ming Ming, chief economist of CITIC Securities, after 2024 CPI came in at 0.2% y/y. PPI is also expected to rebound on a yearly basis, following the 2.2% fall in 2024, Ming added. Given Q4’s price performance, the GDP deflator may remain negative for the seventh quarter, signaling great price pressure and necessity for increased countercyclical adjustments, the newspaper said citing Wen Bin, chief economist of China Minsheng Bank.

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China’s CPI is expected to fluctuate with the recovery of domestic demand and food price cycles in 2025, with the median likely being 1%, 21st Century Business Herald reported citing Ming Ming, chief economist of CITIC Securities, after 2024 CPI came in at 0.2% y/y. PPI is also expected to rebound on a yearly basis, following the 2.2% fall in 2024, Ming added. Given Q4’s price performance, the GDP deflator may remain negative for the seventh quarter, signaling great price pressure and necessity for increased countercyclical adjustments, the newspaper said citing Wen Bin, chief economist of China Minsheng Bank.