China's consumer price inflation as well as factory gate inflation moderated further in January, giving space for the central bank to ease its policy to support economic recovery.Consumer price inflation slowed to 0.9 percent in January from 1.5 percent in December, the National Bureau of Statistics said Wednesday. The rate was forecast to ease to 1.0 percent.Following a 1.2 percent decrease in De...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.