China Inflation Rate February 2024. Still, it was the highest print since february, marking the 7th straight month of consumer inflation, amid supply issues due to flaming heat and pouring rains. The 2022 average figure was 2.0%.
While inflation fell in 2023 largely on account of lower energy and food prices, it is expected to increase gradually to 1.3 percent in 2024 as the output gap narrows and the base. The 2022 average figure was 2.0%.
