China CPI Spikes, PPI Goes Negative

China CPI did its annual Spring Festival spike, but it was particularly pronounced this year with a 1.2 percent increase in February alone. Eggs rose 22.5 percent yoy in February and are up 18.5 percent YTD yoy. Healthcare costs are up 6.0 percent YTD.

NBS: 2018年2月份居民消费价格同比上涨2.9%
The PPI fell 0.1 percent in February.
NBS: 2018年2月份工业生产者出厂价格同比上涨3.7%

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