Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here. The OTHER forum is HERE so please stop asking.
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.