Pork, mutton and beef prices also gained, rising 0.3 percent, 1.6 percent, and 0.6 percent, respectively, from one month earlier, while egg prices decreased 5.3 percent month on month due to abundant supplies.
Travel demands during the Spring Festival and the winter vacation also pushed the prices of tour agency services, plane tickets, hotel accommodation, and movie tickets higher, according to the NBS.
Gasoline and diesel prices rose 3.6 percent and 3.9 percent, respectively month on month, and costs for vehicle repair and maintenance added 5.1 percent.
Analysts said the CPI is expected to rebound to above 2 percent in March year on year, due to a low comparison base one year earlier.
China aims to keep CPI at around 3 percent in 2019.
Saturday's data also show that the producer price index (PPI), which measures costs of goods at the factory gate, edged up 0.1 percent year on year in February, unchanged from the growth recorded in January.
"The PPI reflects that China's pro-growth measures have taken effect, and the confidence of enterprises is recovering," said Zhang Liqun, a researcher with the Development Research Center of the State Council.
The mild inflation left enough room for authorities to maneuver macro-control policies, analysts said.
Tang Jianwei, an analyst with Bank of Communications financial research center, said he expects the country to make more targeted reserve requirement rate cuts to boost lending to private and small and micro enterprises.
【国内英语资讯:Economic Watch: Chinas February CPI hits 13-month low, leaving room for macro control】相关文章:
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