Economic calendar in Asia 08 February 2024 - Inflation data from China ...Middle East

Y/y CPI in China for January is expected to remain in deflation. There are some signs of a pick up in price growth in the m/m though. Deflation is the general decline in prices for goods and services in an economy. It might initially seem beneficial because it increases the purchasing power of money. However, it can have several negative effects on the economy, making it undesirable for sustained economic health. Some of these are:When prices are falling, consumers may delay purchases in anticipation of lower prices in the future. This decrease in spending can lead to a drop in demand for goods and services, which can force companies to lower prices further, creating a deflationary spiral. L

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Economic calendar in Asia 08 February 2024 - Inflation data from China ...Middle East

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