China’s deflation alarm bells are ringing ...Middle East

Quartz - Economy
China’s deflation alarm bells are ringing
Prices in China are plunging, and the risk of deflation is rising. Consumer inflation fell to 0% in June from a year earlier, according to the Chinese National Bureau of Statistics. That’s good for a 28-month low. Meanwhile, producer prices dropped at their fastest rate since December 2015, sinking 5.4%.Read more...

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