People shop for Spring Festival couplets at a local market for the upcoming Chinese New Year in Haikou, south China\’s Hainan Province, Feb. 6, 2024. (Xinhua/Pu Xiaoxu)
BEIJING, March 9 (Xinhua) — China\’s consumer price index (CPI), a main gauge of inflation, edged up 0.7 percent year on year in February, reversing a 0.8-percent decline in January, official data showed Saturday.
On a monthly basis, the CPI went up 1 percent in February, said the National Bureau of Statistics (NBS).
The core CPI, deducting food and energy prices, went up 1.2 percent year on year last month, NBS data showed.