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Posts tagged as “heightened”

China’s deflation risks heightened in June amid weak demand with consumer inflation flat, factory-gate prices dipping further

by Andrew Mullen & Mia Nulimaimaiti in SCMP, July 10, 2023Deflation risks in China heightened in June amid weak demand, as consumer prices remained flat and a factory-gate price fall deepened, data released on Monday showed. The consumer price index (CPI) was unchanged from a year earlier, down from 0.2 per cent growth in May, according to the National Bureau of Statistics (NBS). This was below the expected rise of 0.1 per cent, according to…