China’s inflation is at its an almost nine years peak
Inflation in China rose to an almost nine-year high in January as a result of rising demand due to the Lunar New Year holiday and the coronary epidemic that hit the country.
In the first month of the year, annual inflation was 5.4 percent, up from 4.5 percent in December, peaking at almost nine years since the CPI did not rise as much since October 2011. Analysts expected a 4.9 percent increase in January. (MTI)
Related news
Social commerce predicted to reach $1 trillion by 2028
A new study forecasts skyrocketing growth for the social commerce…
Read more >
The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a…
Read more >
Márton Nagy: inflation remains at a low level
In accordance with preliminary government indications, inflation remained at a…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >
Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >
Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >
