China's consumer prices see mild uptick

By Xinhua News Agency

Feb 15, 2023 12:15 am

BEIJING: China's consumer inflation saw a mild uptick last month, driven by higher consumption demand during the Spring Festival holiday, while factory-gate prices continued to moderate, official data showed Friday.

The country's consumer price index (CPI), a main gauge of inflation, rose 2.1 percent year on year in January and edged up 0.8 percent from the previous month, the National Bureau of Statistics (NBS) said.

UPTICK A moviegoer buys tickets on a self-service machine at a cinema in Guiyang, southwest China’s Guizhou Province on Jan. 29, 2023. Beijing reports a mild uptick in consumer prices. XINHUA PHOTO

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