China’s Worst Deflation Was in Industry as Supply Glut Persisted Industrial prices fell 2.3% last year, steepest of all sectors Economy on track for longest deflation streak in decades ...
China’s spiral into deflation is proving hard to fix. Prices in the world’s second-biggest economy have fallen for six consecutive quarters, and if they fall for one more quarter, the run ...
As deflation sets in and consumption declines, the prices of basic consumer goods have plummeted. Beef, which was once a luxury for ordinary people, has nearly fallen to the price of pork.
Few living Americans know what it’s like to face the opposite phenomenon: deflation. Since too much inflation is generally regarded as a bad thing, wouldn’t it follow that deflation might be a ...
Chinese President Xi Jinping was reportedly dismissive about the threat of deflation hitting the economy. While consumers can benefit from falling prices, persistent deflation can also lead to a ...
If you’re anything like me, you will have tried not to engage too deeply with Trump’s return to the White House. As a journalist I had to follow the headlines, of course, but it’s a bit like watching ...
Over the past weeks, our newscasts have been flooded with reports from the unfathomable terror attack on Bourbon Street in our beloved New Orleans. I want to extend ...
“In this way, China is, as it were, exporting its deflation to us.” Policymakers around the world are watching the US for potential trade levies when Donald Trump returns to the White House in ...
(RTTNews) - Most Asian stocks fell on Thursday as investors reacted to U.S. President-elect Donald Trump's tariff threats, a buoyant dollar and disappointing Chinese inflation data. The U.S ...
Chinese President Xi Jinping was reportedly dismissive about the threat of deflation hitting the economy. While consumers can benefit from falling prices, persistent deflation can also lead to a ...
analysts point out deflation—which in 2024 continued for a second consecutive year— continues to present a long-term threat to recovery. The median forecast of a Bloomberg poll of 15 analysts ...
In terms of weightage, over a quarter (25.7 percent) of the items tracked by the government witnessed deflation compared with 16 percent in the previous month. December marks the first time in 10 ...