Deflation Demon Returns For China After One-Month Reprieve

Surprise: Domestic demand in China's still moribund. Or at least that's one way to read the latest inflation data out of the world's second-largest economy, where policymakers are grappling with the opposite problem as their counterparts in the US. Chinese consumer prices rose just 0.1% last month from the same period a year ago, data released on Thursday showed. That marked a miserable disappointment. Consensus wanted 0.4%. It's fair to say the prior month's uptick was a one-off attributable

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One thought on “Deflation Demon Returns For China After One-Month Reprieve

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