China’s Economy Faces Continued Deflationary Pressures
China’s consumer prices remain stagnant and factory-gate prices continue to decline, indicating persistent deflationary pressures in the world’s second-largest economy. The consumer price index (CPI) remained unchanged in September from a year earlier, falling short of the expected 0.2% gain. Core inflation, excluding food and fuel prices, held steady at 0.8%. The producer price […]
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