China’s Deflation Eases: Signs of Recovery in Consumer Prices

China's Deflation Eases

China’s economy has been scrutinised over the past year, particularly concerning China’s deflation and consumer price trends. From October 2023 to January 2024, the country endured a period of deflation, where consumer prices remained stagnant or declined.  However, as of July 2024, the situation has shown signs of improvement. The year-over-year increase in consumer prices […]