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
-
Pakistan's education system faces numerous challenges, particularly in terms of ensuring quality and equitable access to education for all. Despite significant progress in increasing enrollment rates, the quality of education remains a critical issue that requires urgen...
-
Pakistan continues to grapple with a staggering number of out-of-school children, posing a significant challenge to the country's efforts to achieve universal primary education and fulfill its international commitments under the Sustainable Development Goals (SDGs).
...
Facebook Comments