China’s deflationary pressures ease in October
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China’s deflationary pressures are starting to ease.
Per data released by the stats bureau (NBS) on November 10, in October:
Consumer prices (CPI) grew 0.2% y/y, reversing the previous two months of deflation
Producer prices (PPI) fell 2.1% y/y, compared with a 2.3% decline in September
There are ...