China consumer prices slump again, deepening deflation worries

Información de descarga y detalles del video China consumer prices slump again, deepening deflation worries
Autor:
B.C. BegleyPublicado el:
9/6/2025Vistas:
1Descripción:
China’s consumer prices fell for the fourth straight month in May, dropping 0.1% year‑on‑year, as stimulus efforts have yet to boost domestic demand. A price war in the auto sector and falling property prices added downward pressure. Producer prices also declined sharply, with factory‑gate deflation deepening to 3.3%. Despite strong exports, economists warn China must rely more on domestic consumption to fight deflation. Recent policy measures include interest rate cuts and reserve requirement reductions, while U.S.-China trade tensions remain unresolved despite a partial tariff rollback, CNBC has reported. Markets await potential further monetary easing and key financial policy announcements at an upcoming forum in Shanghai.
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