CHINA'S CONSUMER INFLATION AT 5-MONTH HIGH, PRODUCER DEFLATION PERSISTS
NEWS Desk Global
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China's consumer inflation accelerated to its fastest in five months in January while producer price deflation persisted, reflecting mixed consumer spending and weak factory activity.
Deflationary pressures are likely to persist in China this year, analysts say, unless policymakers can rekindle sluggish domestic demand, with tariffs by U.S. President Donald Trump on Chinese goods adding pressure on Beijing to spur growth in the world's second-largest economy.
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