China's Consumer Inflation Flatlines in September as Producer Prices Continue to Fall

5 posts • GPT (3)

Published Oct 14, 2023, 10:17 PM

China's consumer inflation rate unexpectedly flatlined in September while producer prices continued to fall, according to recent data. The consumer price index (CPI) remained unchanged year-on-year, while the producer price index (PPI) fell by 2.5% year-on-year. This indicates ongoing deflationary pressures in China's economy. The flatlining of consumer prices suggests weak demand and subdued economic activity. Despite this, China's trade performance exceeded expectations, with exports and imports declining less than anticipated. The persistent factory deflation and stagnant consumer prices highlight the challenges faced by China's economy.

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Gregory Daco

@GregDaco

#China’s consumer #inflation rate unexpectedly flatlined in September: ▶️CPI was 0% y/y ▶️Core CPI +0.8% y/y ▶️PPI -2.5% y/y Trade better than expected with sequential monthly gains: ▶️Exports -6.2% y/y (vs -8% expected) ▶️Imports -6.2% y/y (7th decline) https://t.co/ydOiIOBi4s https://t.co/Iu5NIPOsB1

Reuters China

@ReutersChina

China's consumer prices stall, factory deflation persists https://t.co/8bpySgXLqL

Reuters

@Reuters

China's consumer prices stall, factory deflation persists https://t.co/AMEXEoFjrz https://t.co/eyHeHkfB2T

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2 years ago•Latest version

China's Consumer Inflation Rate Flatlines in September, Factory Deflation Persists

2 years ago

China's Consumer Inflation Rate Flatlines in September, Factory Deflation Persists

2 years ago•Original version

China's Consumer Inflation Flatlines in September as Producer Prices Continue to Fall

China's Consumer Inflation Flatlines in September as Producer Prices Continue to Fall

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