China’s CPI rose to 0.7% YoY in February, surpassing the expected 0.3% and rebounding from January’s 0.8% decline. The uptick, influenced by increased Lunar New Year expenditure, saw food prices decreasing minimally in eight months. Core CPI climbed to 1.2% YoY, with a MoM rise of 1.0%, the highest since January 2021.