Economy Country February 27, 2025

China to Adjust Inflation Target to 2%

Economic forecasts indicate that China will adjust its annual consumer inflation target to around 2% next week, marking the lowest level in recent years.


China to Adjust Inflation Target to 2%

According to the economic forecast, next week, China is expected to reduce the annual inflation rate for consumer prices to around 2%, which would be the lowest level for...

It is anticipated that this decision will have an impact on financial markets and consumer behavior in the country. This measure is aimed at stabilizing the economic situation and managing inflation.

"Such a step will help the country achieve sustainable economic growth and stabilize consumer prices," noted economist X in a comment on the expected change in the inflation target.

This decision reflects Beijing's strive to ensure sustainable development of its economy under global economic challenges.