Inflation rises amid Lunar New Year spending as European stocks benefit
Forrás:
Euronews.com
2 hónapja
China's consumer prices rose by 0.5% year-on-year in January, driven by Lunar New Year spending and government stimulus measures. Core inflation increased by 0.6%. Holiday spending on tourism reached a record high, indicating strong consumer momentum. Despite challenges like deflation in factory gate prices and the US-China trade war, China's economic recovery shows signs of acceleration, positively impacting European markets. Teljes cikk (Euronews.com)