Thursday, 11 July 2024

Weak Inflation in China Clears the Way for Global Easing

by BD Banks

Weak Inflation in China Clears the Way for Global Easing

China’s consumer inflation slowed from 0.3% y/y to 0.2% instead of the expected acceleration to 0.4%, bringing investors’ attention back to weak demand. Meanwhile, manufacturing price deflation slowed from -1.4% y/y to -0.8% y/y, staying in negative territory for the past 20 months since October 2022. China is once again spreading deflation around the world, […]

The post Weak Inflation in China Clears the Way for Global Easing appeared first on Action Forex.

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