Stratfor: China- Inflation Grows at Slowest Rate Since 2010
Tue January, 2021, Age: 3 years
China’s core consumer price index (CPI), a measure which excludes food and energy prices, increased by only 0.4% year on year in December 2020, marking the slowest rate of increase since 2010. A diminished CPI suggests that the Chinese economy has yet to fully recover from the sluggishness brought on by the 2020. Nevertheless analysts expect the Chinese economy to continue to rebound in 2021 and, with it, bring increased rates of inflation.