In 2024, consumer prices in China increased by 0.2%

January 9th. /MEDIA TALK/. In China, the inflation rate reached 0.1% in December. Such data is provided in the report of the State Statistical Office of the People's Republic of China. The inflation rate in November was 0.2%. The price of food decreased by 0.5% in December, while the cost of non-food products increased by 0.2%. Medical care and training became more expensive by 0.9%, while the cost of transportation decreased by 2.2%. The consumer price index increased by 0.4% in December year-on-year. This is the most significant increase in the last 5 months.


Photo: ru.freepik.com

Manufacturing prices (PPI) in China decreased 2.3% year-on-year in December, following a 2.5% decline in the previous month. In total, the consumer price index in China increased by 0.2 percent in 2024.

We recently wrote that according to the forecast of the Bank of Russia, the peak of inflation in the Russian Federation will be in April 2025. Recall, according to the preliminary assessment of the regulator, its level in 2024 in the country amounted to 9.6-9.8%.