Por: RTTNews Business November 09, 2023
China returned to deflation in October on falling food prices and producer prices continued to decline amid the 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. Inflation had turned negative in July and stayed near zero in subsequent months, while Beijing... + full article
RTTNews USA Business November 09, 2023
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... + más
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What sparked deflation talk is that Chinese consumer prices fell by 0.3% at an annual rate in July, the first drop since a brief spell in early 2021 and before that since the 2008 Global Financial Crisis. Lost in the discussion is that inflation quickly turned positive after... + más
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Whereas the U.S. continues to grapple with elevated prices, China is dealing with the opposite problem. In July, the world's second largest economy slipped into deflationary territory, with consumer prices declining 0.3% from a year earlier. The decline in consumer prices... + más
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NBC News USA Business August 09, 2023
BEIJING — China reported inflation data for July that pointed to a modest improvement from June. The consumer price index fell by 0.3% in July from a year ago, but was up by 0.2% when compared with June, according to the National Bureau of Statistics Wednesday. The... + más
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China slid into deflation in July, adding pressure on policymakers to step up monetary and fiscal support even as signs that the decline in prices is temporary may limit any stimulus. The consumer price index dropped 0.3% last month from a year earlier, the National Bureau of... + más
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What’s certain is that 2023 isn’t an easy year to forecast. Typically, auto sales fall when the economy weakens, but over the last couple of years, sales have dropped while the economy boomed. Global production has been constrained by supply-chain disruptions thanks , a... + más
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