https://www.taxtmi.com/news?id=36689 Consumer prices in China fell in February due to weak domestic demand and the early Lunar New Year, with holiday timing, stronger farm output lowering vegetable prices, and automaker promotions reducing car prices contributing to the decline. Producer prices fell more sharply, increasing cost pressures on firms and raising deflationary concerns. The government reiterated an inflation target but signalled reliance on boosting domestic demand and consumer spending without unveiling major new measures, while trade tensions may add further economic headwinds. en-us Sun, 09 Mar 2025 12:01:02 +0530 Sun, 09 Mar 2025 12:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=36689 Consumer prices in China fell in February due to weak domestic demand and the early Lunar New Year, with holiday timing, stronger farm output lowering vegetable prices, and automaker promotions reducing car prices contributing to the decline. Producer prices fell more sharply, increasing cost pressures on firms and raising deflationary concerns. The government reiterated an inflation target but signalled reliance on boosting domestic demand and consumer spending without unveiling major new measures, while trade tensions may add further economic headwinds. News - Sun, 09 Mar 2025 12:01:02 +0530 https://www.taxtmi.com/news?id=36689