摘要
CHINA＇S POLICYMAKERS DECIPHER LUNAR NEW YEAR SKEWED DATA Consumer inflation in China rose for the first time since peaking last July,climbing to 4.5 percent in January,up from the 4.1 percent registered in December（see Chart 1）.This increase can be largely attributed to rising food prices,as Chinese consumers spend more for Lunar New Year festivities,arguably China＇s most significant holiday.The biggest contributor by far to the
CHINA＇S POLICYMAKERS DECIPHER LUNAR NEW YEAR SKEWED DATA Consumer inflation in China rose for the first time since peaking last July,climbing to 4.5 percent in January,up from the 4.1 percent registered in December（see Chart 1）.This increase can be largely attributed to rising food prices,as Chinese consumers spend more for Lunar New Year festivities,arguably China＇s most significant holiday.The biggest contributor by far to the
