China’s CPI decelerated from 0.3% yoy to 0.2% yoy in November, below market expectations of 0.5% yoy, and marking its lowest level in five months. Persistent deflationary pressures highlight the urgency for stronger fiscal measures to reinvigorate the economy. Food prices was the primary driver of inflation, surging by 1% yoy, with notable increases in […]
The post China’s CPI falls to 0.2% yoy in Nov, PPI down -2.5% yoy, deflation pressures persist appeared first on Action Forex.
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