China CPI: Inflation rises 0.2% after months of stagnation in October; property and spending pressures persist
China's consumer prices saw a mild 0.2% year-on-year increase in October, breaking a period of stagnation and decline. This slight improvement occurs as the nation grapples with a property debt crisis, weak consumer spending, and high youth unemployment, while factory-gate prices continue to fall.
China's consumer prices saw a mild 0.2% year-on-year increase in October, breaking a period of stagnation and decline. This slight improvement occurs as the nation grapples with a property debt crisis, weak consumer spending, and high youth unemployment, while factory-gate prices continue to fall. What's Your Reaction?
