CHINA CPI BREAKDOWN:
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February annual CPI rebounded sharply, the most since Sep. 2009.
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The core CPI rose by 1.2% y/y, vs 0.4% y/y in January, marking the highest increase since February 2022.
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Food prices dropped by 0.9% y/y, narrowed by 5 percentage points, due to Chinese New Year effects.
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Pork roses by 0.2% y/y, for the first time in 9 months.
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Vegetables and aquatic products have risen by 2.9%, and 4.1% from the decline in January.
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