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China Reports CPI, Consumer Prices Fall Fastest In 3 Years, Factory-gate Deflation Deepens

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Author: climateer
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 From Reuters, December 8/9, 2023:Nov CPI -0.5% y/y vs -0.2% in OctNov CPI -0.5% m/m vs -0.1% in OctNov PPI -3.0% y/y vs -2.6% in OctBEIJING,
Dec 9 (Reuters) – China’s consumer prices fell the fastest in three
years in November while factory-gate deflation deepened, indicating
rising deflationary pressures as weak domestic demand casts doubt over
the economic recovery.The
consumer price
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