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China to release Feb. CPI data on Friday

0 Comment(s)Print E-mail CNTV, March 9, 2012
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We'll get a slightly clearer picture on the extent of the slowdown in China's economy tomorrow morning when February’s inflation figures are due to be released.

Economists and policymakers in China are expecting price increases of around three percent versus last year, down from the 4.5 percent seen in January.

If you recall, inflation during the first month of the year came in higher than expected. But analysts attributes that to seasonal factors, due to the lunar year holiday and cold weather, which hampered the transportation of food, driving prices up.

China's inflation target for the year is set at four percent, unchanged from last year.

 

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