Reported 1 day ago
In 2024, China's consumer prices barely increased by 0.2%, the same as the previous year and well below the 3% target, as domestic demand remained weak due to job insecurity and a housing downturn. Despite slight improvements in core inflation, overall factory prices continued to decline for the 27th month. Analysts suggest that while recent fiscal stimulus may provide temporary support, underlying inflation is likely to decrease again later in the year amidst persistent deflationary pressures.
Source: YAHOO