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China’s Shopper Value Drop Worsens, Fueling Deflation Fears

China’s Shopper Value Drop Worsens, Fueling Deflation Fears
December 9, 2023



China’s shopper costs fell on the steepest tempo in 3 years whilst manufacturer prices dropped even additional into adverse territory, underscoring the demanding situations going through the commercial restoration.The patron worth index fell 0.5% ultimate month from a yr previous, the nationwide statistics bureau stated in a commentary Saturday. That’s the most important drop since November 2020 and is weaker than the 0.2% drop projected through economists in a Bloomberg survey.

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