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China Slips Into Deflation in Warning Sign for Global Economy
Business

China Slips Into Deflation in Warning Sign for Global Economy

China entered deflationary territory for the first time in two years, pressuring Beijing to avoid a deepening economic malaise. Source link

While Everyone Else Fights Inflation, China's Deflation Fears Deepen
Business

While Everyone Else Fights Inflation, China's Deflation Fears Deepen

Signs of deflation are becoming more prevalent across China, heaping extra pressure on Beijing to reignite growth or risk falling into an economic trap it

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

Brazil likely registered deflation in June, adding to rate cut case: Reuters Poll By Reuters

© Reuters. FILE PHOTO: A salesman is seen at his vegetable stand at the supply centre (CEASA) in Brasilia, Brazil May 9, 2023. REUTERS/Adriano Machado

Deflation Looms in China as Rebound Continues to Lose Steam
Business

Deflation Looms in China as Rebound Continues to Lose Steam

China’s consumer inflation flatlined in June after two months of meager growth, while factory-gate prices fell at their fastest pace in more than seven years.

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

China factory gate deflation deepens in June on weak demand By Reuters

© Reuters. FILE PHOTO: Smokes billows from the chimneys of a steel plant in Wu’an, Hebei province, China, February 23, 2017. Picture taken February 23,

No let up for world stocks as banking worries persist By Reuters
Finances

China’s ‘atypical’ deflation cycle gives central bank a headache By Reuters

© Reuters. FILE PHOTO: People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018.