China’s Deflationary Pressures Continue Amid Weak Demand and Trade Tensions
China’s economy continues to face deflationary pressures with both consumer and producer prices declining in September. The ongoing property market slump and renewed trade tensions with Washington are weighing on consumer confidence and spending patterns despite government efforts to stabilize prices.
China’s Deflationary Trend Continues in September
Deflationary pressures persisted in China during September, with both consumer and producer prices falling, according to reports from the National Bureau of Statistics. The data supports the case for additional policy measures as a prolonged property market slump and ongoing trade tensions continue to weigh on economic confidence, sources indicate.