CHINA: CONSUMER PRICES UP 2ND MONTH, FACTORY DEFLATION PERSISTS
The Business Guardian|April 12, 2024
China’s consumer prices showed a modest increase in March, but factory deflation persists, indicating a continuation of weak demand despite
CHINA: CONSUMER PRICES UP 2ND MONTH, FACTORY DEFLATION PERSISTS

In March, China experienced a greater-than-expected cooling of consumer inflation, alongside persistent deflation in producer prices. This maintains pressure on policymakers to implement additional stimulus measures, given the ongoing weakness in demand.

While deflationary pressures in the world’s second-largest economy seem to be gradually alleviating, concerns persist due to the prolonged property crisis, which continues to undermine both consumer and business confidence.

Consumer prices rose by a muted 0.1 per cent in March from a year earlier, National Bureau of Statistics (NBS) data showed on Thursday, versus a 0.7 per cent rise in February which was the first gain in six months and a 0.4 per cent rise in a Reuters poll.

この記事は The Business Guardian の April 12, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

この記事は The Business Guardian の April 12, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

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