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China's Consumer Inflation Hits Five-Month Low Amid Economic Slowdown

China's consumer inflation rate fell to a five-month low of 0.2% in November, missing expectations, while core inflation rose slightly to 0.3%. The producer price index continued its decline for the 26th month, dropping 2.5% year-on-year, indicating persistent deflationary pressures amid sluggish domestic demand. Despite some signs of recovery in retail sales and manufacturing, Fitch Ratings has revised down its GDP growth forecasts for 2025 and 2026, citing risks from the property market and potential U.S. trade policy shifts.
CNBC
United States Dollar Standard Chartered Bank USA CHN Becky Liu Brian Coulton Erica Tay Show more
Finance & Economy, Market Report
02:41 09.12.2024
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Corporate News Startups & Entrepreneurship Economic Indicators Global Trade Developments Market Analysis and Predictions
Countries:
USA IND CHN
Companies:
TIANAN MEDICARE
Currencies:
Indian Rupee Chinese Yuan
People:
Peter Thiel Vivek Ramaswamy

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