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China's Inflation Dips Below Expectations as Factory Prices Decline

China's Inflation Dips Below Expectations as Factory Prices Decline
7 months ago

Recent economic data from China reveals that inflation remains weaker than anticipated, casting uncertainty on the country’s economic recovery. The National Bureau of Statistics (NBS) reported that consumer prices rose only 0.1% year-on-year in September, a notable decline from the 0.2% increase recorded in August. This figure significantly missed analysts’ expectations, who had projected a rise of at least 0.2% for the month.

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