Latest
China Faces Deeper Deflation as Consumer Prices Hit Three-Year Low in November
China’s consumer prices experienced the steepest three-year drop in November, with a 0.5% decline both year-on-year and month-on-month, marking the sharpest drop since November 2020, according to data from the National Bureau of Statistics (NBS). The deepening factory-gate deflation raises concerns about deflationary pressures amid doubts over economic recovery. Analysts attribute this to falling global energy prices, reduced winter travel demand, and a persistent supply glut. The weak core Consumer Price Index (CPI) reading of 0.6% year-on-year emphasizes concerns about sluggish demand, prompting calls for strategic policies to foster sustainable growth
About The Author
Zabitah is a digital space dedicated to fostering open dialogue, understanding, and progress in our ever-evolving society. Zabitah believes in the power of unbiased information, constructive conversations, and diverse perspectives to shape a better tomorrow.
You Might Also Like
-
In one of the deadliest days since the beginning of the conflict, at least 143 Palestinians were killed on Thursday in a fresh wave of Israeli attacks across the Gaza Strip, pushing the overall death toll beyond 53,000. Among the most tragic incidents was a strike on ...
-
A tragic incident shook social media audiences as 23-year-old beauty influencer Valeria Marquez was fatally shot during a TikTok livestream from inside a beauty salon in the Mexican state of Jalisco.
Valeria, who had gained popularity for her makeup tutorials and ...
Facebook Comments