China’s official consumer price index (CPI) rose to plus 0.4 per cent in March from a year earlier, from minus 0.2 per cent in February. Photo: EPA-EFE
China’s official consumer price index (CPI) rose to plus 0.4 per cent in March from a year earlier, from minus 0.2 per cent in February. Photo: EPA-EFE

China issues inflation warning as rising commodity, consumer prices threaten economic recovery

  • China’s Financial Stability and Development Commission, which is headed by Vice-Premier Liu He, released a rare one line statement on Thursday warning about the potential rise of commodity prices and consumer inflation
  • Inflation is now a global concern as major central banks, including the US Federal Reserve, have injected massive liquidity to help coronavirus-hit economies

China’s official consumer price index (CPI) rose to plus 0.4 per cent in March from a year earlier, from minus 0.2 per cent in February. Photo: EPA-EFE
China’s official consumer price index (CPI) rose to plus 0.4 per cent in March from a year earlier, from minus 0.2 per cent in February. Photo: EPA-EFE
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