We are nearer china, how come it's inflation?
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Wtf! US and the west inflation, china deflation!
- Thread starter syed putra
- Start date
Economics
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China Is on Brink of Deflation
Unmute
WATCH: Pinpoint Asset Management’s Zhang Zhiwei breaks down China’s CPI and PPI numbers, and shares his outlook on the economy.Source: Bloomberg
By Bloomberg News
10 July 2023 at 09:37 GMT+8
Updated on
10 July 2023 at 12:31 GMT+8
China’s consumer inflation rate was flat in June while factory-gate prices fell further, fueling concerns about deflation risks and adding to speculation about potential economic stimulus.
The consumer price index was unchanged last month from a year earlier, according to data released by the National Bureau of Statistics on Monday. That was the weakest rate since February 2021, when slumping pork costs dragged on the index.
https://www.bloomberg.com/tips/
China Slides to Brink of Deflation, Adding Stimulus Urgency
- CPI was 0% y/y in June, lowest rate in more than 2 years
- Producer price deflation deepens to worst since December 2015
Gift this article
China Is on Brink of Deflation
Unmute
WATCH: Pinpoint Asset Management’s Zhang Zhiwei breaks down China’s CPI and PPI numbers, and shares his outlook on the economy.Source: Bloomberg
By Bloomberg News
10 July 2023 at 09:37 GMT+8
Updated on
10 July 2023 at 12:31 GMT+8
China’s consumer inflation rate was flat in June while factory-gate prices fell further, fueling concerns about deflation risks and adding to speculation about potential economic stimulus.
The consumer price index was unchanged last month from a year earlier, according to data released by the National Bureau of Statistics on Monday. That was the weakest rate since February 2021, when slumping pork costs dragged on the index.
https://www.bloomberg.com/tips/
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