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CHINA'S CONSUMER INFLATION SCALES 3-YEAR HIGH BUT DEFLATION BATTLE FAR FROM OVER

  • NEWS Desk Global
  • 1 day ago
  • 1 min read

China's annual consumer price inflation accelerated to a 34-month high in December, but the full-year rate slumped to the lowest in 16 years while producer deflation persisted, backing market expectations for more stimulus to shore up soft demand.

Imbalances in the $19 trillion economy have worsened over the past year even as growth is on course to meet Beijing's target of "around 5%" for 2025, buoyed by policy support and resilient goods exports.

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