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Deflation Persists In China; Exports Rise

Por: RTTNews Business January 12, 2024

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Consumer prices in China fell for the third straight month in December highlighting the risk of deflation, while exports expanded more than expected despite the weak global trade.The consumer price index, or CPI, dropped 0.3 percent annually after a 0.5 percent decline in November, the National Bureau of Statistics said Friday. This was the third consecutive fall.Separate data showed that producer prices continued to decline in December.... + full article



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