---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/27930508.md"
description: "1) The CPI for February 2025 was -0.7%, lower than the previous month's 0.5% and also higher than the expected -0.5%.Year-on-year, prices for food, tobacco, and alcohol decreased by 1.9%, with fresh vegetable prices dropping by 12.6%, contributing approximately -0.31 percentage points to the CPI decline; fresh fruit prices fell by 1.8%, contributing approximately -0.04 percentage points; while pork prices rose by 4.1%, contributing approximately 0.05 percentage points to the CPI increase.Alcohol prices in January decreased by 1.9% year-on-year, widening further compared to the previous month's -2.5%.Non-food prices fell by 0.1% year-on-year, lower than the previous month's 0.5%.The February CPI turned negative and was below expectations. According to official explanations, there are three main reasons:a) The Lunar New Year falling in a different month led to a higher base for year-on-year comparison: the lagged impact of last year's price changes was approximately -1.2 percentage points, while the new impact of this year's price changes was about 0.5 percentage points. Excluding the Lunar New Year effect, the February CPI rose by 0.1% year-on-year.b) Favorable weather in February this year facilitated the growth and transportation of fresh vegetables.c) Price cuts and promotions for goods such as cars.Looking at the January-February average, the CPI was -0.1% year-on-year, still at a low level underwater. The recently held important meeting set this year's CPI target at 2.0%, lower than the previous year's 3.0%, reflecting the current situation.2) The PPI for February was -2.2%, higher than the previous month's -2.3% but lower than the expected -2.1%.$TENCENT(00700.HK) $BABA-W(09988.HK) $Krne Csi China Internet(KWEB.US)"
datetime: "2025-03-09T05:01:26.000Z"
locales:
  - [en](https://longbridge.com/en/topics/27930508.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/27930508.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/27930508.md)
author: "[数据价投](https://longbridge.com/en/profiles/11810707.md)"
---

# 1) The CPI for February 2025 was -0.7%, lower than…


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## Comments (3)

- **亏损不摊平成本 · 2025-03-09T06:03:59.000Z**: -0.7% is greater than -0.5%. Who taught you math?
  - **IBSX** (2025-03-09T11:52:53.000Z): The higher this thing is, the better. If you don't understand its meaning, you shouldn't trade stocks.
  - **亏损不摊平成本** (2025-03-09T11:53:31.000Z): You crack me up