China Inflation rebounds to 1.4% but PPI remains weak

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Inflation data from China released earlier today showed inflation in the month of February rise to 1.4% beating estimates of a slower increase to 1%. Overall, February's inflation was stronger compared to the previous month's dip to 0.8%. The rise in inflation was mostly due to higher prices of foods and is expected to be short-lived due to seasonality. The markets expect inflation to continue to ...

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