China's producer price index (PPI), which measures costs for goods at the factory gate, fell 1.4% year on year in February, down further from a 0.8% fall a month earlier, the National Bureau of Statistics said on March 9.
On a monthly basis, the index was flat compared with a 0.4% fall in January.
"In February, industrial production resumed at a faster pace and market demand improved, with PPI flat from a month earlier; it continued to fall year-on-year due to a higher base of comparison," said said NBS statistician Dong Lijuan.
The consumer price index (CPI) increased 1.0% from a year earlier in February, after a 2.1% gain in January. On a month-on-month basis, the index fell 0.5% from a 0.8% rise in January.
In February, affected by factors such as a fall in consumer demand after the Chinese New Year and adequate market supply, the consumer price index dropped from the previous month, and the year-on-year increase fell back, the official said.
Food prices in China rose 2.6% from a year earlier in February, compared to 6.2% growth in January, while non-food prices grew by 0.6% last month, down from a 1.2% rise in the previous month.
China's core consumer inflation rate, excluding the volatile prices of food and energy, rose by 0.6% in February compared with a year earlier, after a 1.0% rise in January.
(Writing by Alex Guo Editing by Harry Huo)
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