China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
China Slides Into Deflation as Consumer, Factory Prices Drop

China Slides Into Deflation as Consumer, Factory Prices Drop

Aug 09, 2023
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China Daily Reads
China Daily Reads
China Slides Into Deflation as Consumer, Factory Prices Drop
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  • Consumer, producer prices both decline for 1st time since 2020

  • Officials say CPI contraction likely to be temporary

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