Chinese data fuels fears of deflation
Publisher |
BBC
Media Type |
audio
Podknife tags |
Business
News & Politics
Categories Via RSS |
Business
News
Publication Date |
Sep 09, 2024
Episode Duration |
00:26:30

A fall in Chinese producer prices has fuelled concerns grow that deflation may be taking hold in the world’s second-largest economy. Industrial producer prices fell 1.8 per cent in August, the most in four months. Steel and agriculture were among the sectors hit. Meanwhile, consumer prices rose 0.6 per cent.

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