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
-
The trial court is set to deliver its verdict today on the "un-Islamic nikah" involving former PM Imran Khan and his wife Bushra Bibi. The pronouncement will be made by Senior Civil Judge Qudratullah at Adiala jail, following a lengthy 14-hour hearing held wi...
-
In today's life, the emphasis on healthy eating has never been more pronounced, and one group of foods that stands out for its numerous health benefits is green foods. From leafy vegetables like spinach and kale to green fruits like avocados and kiwis, these nutrient-ri...
Facebook Comments