Consumer inflation rose to 2.1% in January from December’s 1.8%. Producer prices fell 0.8% year on year in January, following December’s 0.7% drop. Both consumer and producer prices are seen picking up from current levels later this year. Still, they should remain muted nonetheless due to a stronger yuan, easing supply disruptions and softer external price pressures.
China 1-Year Deposit Rate (%, eop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| 1-Year Deposit Rate (%, eop) | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 |