trending Market Intelligence /marketintelligence/en/news-insights/trending/WB73ibX_hoss3cgnj9NAXA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Report: China inflation target to remain unchanged in 2020

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

Report: China inflation target to remain unchanged in 2020

China intends to maintain its target of annual consumer inflation at around 3% in 2020, invalidating rumors that it could target a higher level to allow it more space for continued economic stimulus, Reuters reported, citing policy sources.

Senior officials reportedly approved the target at a conference in December 2019, to be formally disclosed in March, three sources with knowledge of the meeting told Reuters.

Official data showed that Chinese annual inflation surged to its highest level since January 2012 of 4.5% in November 2019 amid a continued rise in pork prices.