-
China’s Deflationary Spiral Is Now Entering Dangerous New Stage
Deflation stalking China since last year is now showing signs of spiraling, threatening to worsen the outlook for the world’s second-largest economy and raising calls for immediate policy action. Data released Monday confirmed that apart from food costs, consumer price growth barely registered in large swathes of the economy at a time when incomes are sagging. A broader measure of economy-wide prices known as the gross domestic product deflator will likely extend its current five-quarter drop into 2025, according to Bloomberg Economics and analysts at banks including BNP Paribas SA. That would amount to China’s ... (full story)
- Comments
- Subscribe
-
- Older Stories
From marctomarket.com|Sep 9, 2024After falling following the US jobs report before the weekend, US interest rates have come back firmer, helping the give the dollar a boost. A downward revision to Japan's Q2 GDP, ...
From robomarkets.com|Sep 9, 2024Dear Clients, RoboMarkets company announce important strategic changes in its activities, such as a change in business focus to developing products and services for the stock ...
From cnbc.com|Sep 9, 2024China’s property market has still not found a bottom despite all the turmoil in the past year, according to Standard Chartered CEO Bill Winters. Speaking to CNBC’s JP Ong, Winters ...
-
- Newer Stories
From bnnbloomberg.ca|Sep 9, 2024The dismissed Philippine mayor being linked to money laundering faced questions at the Senate on Monday about billions of pesos that went into her bank accounts, and how these are ...
From breakingthenews.net|Sep 9, 2024Wholesale inventories in the United States rose by 0.2% in July compared to June's revised figures and reached $903.5 billion, according to the US Census Bureau report delivered ...
From cnbc.com|Sep 9, 2024|3 commentsThe U.S. Federal Reserve can afford to make a jumbo 50 basis point rate cut next week without spooking markets, an analyst has suggested, as opinion on the central bank’s ...
- Story Stats
- Posted: Sep 9, 2024 9:23am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,158
- Linked event:
