Breaking News

China Slips Into Deflation, Producer Prices Continue To Fall

China returned to deflation in October on falling food prices and producer prices continued to decline amid the renewed economic weakness, official data showed Thursday.

Consumer prices dropped 0.2 percent in October from a year ago after staying flat in September, figures from the National Bureau of Statistics revealed. The rate matched expectations.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by Renju Jaya

For comments and feedback: contact editorial@rttnews.com

More Breaking News