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China Slips Into Deflation, PPI Continues To Fall

Por: RTTNews Business November 09, 2023

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China slipped into a deflation again in October on falling food prices and producer prices continued to decline amid renewed economic weakness, official data showed Thursday. Consumer prices dropped 0.2 percent in October from a year ago after staying flat in September, figures from the National Bureau of Statistics revealed. The rate matched expectations. Earlier, inflation had turned negative in July and stayed near zero in subsequent months,... + full article



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