What Is Causing China’s Stubborn Deflation and When Will It End?
2 min read
China’s slide into deflation is proving hard for the world’s second-largest economy to arrest. Economy-wide prices last quarter marked their longest deflationary streak since the Asian Financial Crisis in the late 1990s. Weak demand looks set to keep weighing on growth in 2024, posing another challenge for policymakers.
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Published Jan 19, 2024 • 4 minute read
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(Bloomberg) — China’s slide into deflation is proving hard for the world’s second-largest economy to arrest. Economy-wide prices last quarter marked their longest deflationary streak since the Asian Financial Crisis in the late 1990s. Weak demand looks set to keep weighing on growth in 2024, posing another challenge for policymakers.
Here’s a look at how China’s deflation breaks down, and when it might come to an end:
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Bloomberg News
2024-01-19 03:13:22
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