Analytics

China’s Producer Deflation Worsens as Weak Demand Persists

Bloomberg reports that China’s producer prices fell the most in nearly two years, deepening the country’s factory-gate deflation and overshadowing a modest improvement in consumer prices.
China’s Producer Deflation Worsens as Weak Demand Persists
Factory deflation persisted into a 33rd month, with the producer price index falling 3.6% from a year earlier, the National Bureau of Statistics said Wednesday. The decline was the most since July 2023 and sharper than any economists had expected. The consumer price index unexpectedly increased 0.1% and ended a four-month falling streak, although it likely reflected the short-term effect... ...

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