Article 6EKFW Chinese economy out of deflation but faces threat of relapse

Chinese economy out of deflation but faces threat of relapse

by
Agence France-Presse in Beijing
from Economics | The Guardian on (#6EKFW)

Slow domestic consumption, high youth unemployment and decline in exports among factors dragging on post-Covid recovery

China's consumer price index rebounded in August as the world's second-largest economy emerged from deflation, official data released on Saturday suggested, despite sluggish domestic consumption that is complicating its post-Covid economic recovery.

Last month's CPI, the main gauge of inflation, rose 0.1% year on year, the national statistics bureau said.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title Economics | The Guardian
Feed Link https://www.theguardian.com/business/economics
Feed Copyright Guardian News & Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments