• 11/11/2024

China inflation: consumer prices fall for first time since 2021, adding to deflation concerns, but factory-gate contraction narrows

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

China’s consumer price index (CPI) fell by 0.3 per cent in July, year on year, while the producer price index (PPI) fell by 4.4 per cent last month, data released on Wednesday showed.

https://www.scmp.com/economy/economic-indicators/article/3230450/china-inflation-consumer-prices-fall-first-time-2021-amid-low-inflation-trap-warning?utm_source=rss_feed