China’s CPI and PPI Continue Decline, Raising Concerns of Deepening Deflation
In a continuation of the downward trend, China’s Consumer Price Index (CPI) and Producer Price Index (PPI) recorded further decreases in November, signaling increasingly pronounced deflationary pressures. The persistently weak demand has fueled uncertainties regarding China’s sustained economic resurgence. The latest figures released by China’s National Bureau of Statistics (NBS) on December 9 revealed a …
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