Reported 9 days ago
China's consumer prices experienced a decline for the second consecutive month in March, with factory-gate deflation intensifying, largely due to escalating trade tensions with the U.S. The consumer price index fell 0.1% year-on-year, unable to meet forecasts, while the producer price index dropped 2.5%. Growing unemployment and trade challenges have raised calls for government stimulus, as the economy struggles to balance budding retail growth against export difficulties.
Source: YAHOO