BTCC
/
BTCC Square
/
Global Cryptocurrency
/
China’s Mixed Economic Signals: CPI Rebounds but Deflation Risks Linger
China’s Mixed Economic Signals: CPI Rebounds but Deflation Risks Linger
14
3
BTCCSquare news:
China's consumer price index edged up 0.2% in October, marking its first positive reading since June. The modest increase breaks a streak of deflationary pressure, with holiday-driven demand boosting travel and seasonal consumption. Yet food prices remain depressed, falling 2.9% year-on-year, underscoring the fragility of the recovery.
Producer prices tell a darker story, declining 2.1% annually for a 36-month stretch. Industrial sectors grapple with weak domestic and export orders, compounded by oversupply. Without robust demand-side stimulus, economists warn deflation could resurge, threatening broader economic stabilization efforts.
By:
