Customers shop for smartphones at a Suning electronics retail store in Beijing on January 15, 2025. - AFP
SHANGHAI: China’s consumer inflation accelerated for the first time since August, in what’s likely a blip caused by a burst of household spending around the Lunar New Year holiday even as deflationary pressures persist.
The consumer price index (CPI) rose 0.5% in January from a year earlier, the National Bureau of Statistics said yesterday, compared with a 0.1% gain in the previous month.
