While Europe struggles with inflation, China is “slung” into deflation

#Europe #struggles #inflation #China #slung #deflation Consumer prices in China continued to decline in January as a whole – for the fourth month in a row. That poses challenges for Beijing’s rulers as they try to revive investor confidence in the world’s second-largest economy. The consumer price index (CPI) fell 0.8 percent year-on-year in January, […]
The post While Europe struggles with inflation, China is “slung” into deflation appeared first on World Today Journal.

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