CCTV News (News Network): Data released by the National Bureau of Statistics on March 9 showed that in February, the consumer price index (CPI) fell due to factors such as the Spring Festival and the Spring Festival. After deducting the impact of the Spring Festival and the Spring Festival, the CPI rose by 0.1% year-on-year. In February, the national industrial producer price index (PPI) fell by 2.2% year-on-year, narrowing by 0.1 percentage point, and remained narrowing for four consecutive months. As the effect of macro policies gradually emerges, production demand in some industries such as consumer goods manufacturing and new energy has increased, prices of cultural, educational, artistic, sports and entertainment supplies manufacturing industries have increased by 1.1% month-on-month, and non-ferrous metal mining and dressing have increased by 1.8% month-on-month, driving the decline in PPI narrowed.
