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
-
An autobiography is a literary genre where an individual writes about their own life story, experiences, and reflections. Unlike a biography, which is written by someone else about another person's life, an autobiography provides a first-person account of the author'...
-
Satire is a literary genre or form of expression that uses humor, irony, sarcasm, and wit to criticize and ridicule human folly, vices, or societal shortcomings. It is a powerful tool for social commentary, often employed by writers, comedians, and artists to highlight absu...
Facebook Comments