China's February CPI Rises to Three-Year High

China's Consumer Price Index (CPI) increased by 1.3% year-on-year in February, marking the highest rise in nearly three years. According to RTHK, this growth significantly surpasses January's 0.2% increase. The monthly CPI also accelerated to a 1% rise, the highest in two years, primarily driven by concentrated consumer demand during the extended Spring Festival holiday.