China consumer prices rise at slower rate in October

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BEIJING China 's consumer inflation rate slowed in October, official data showed in a sign that demand remains sluggish in the world's number two economy. The slowdown comes as authorities have been seeking to boost domestic activity as a property crisis weighs on confidence. The consumer price index (CPI), a key measure of inflation, rose 0.3 percent year-on-year in October, down from 0.4 percent in September, the National Bureau of Statistics (NBS) said on Nov. 9. The latest figure came in

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China consumer prices rise at slower rate in October https://www.hurriyetdailynews.com/ - 10.11.2024 11:40

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China consumer prices rise at slower rate in October https://www.hurriyetdailynews.com/ - 10.11.2024 11:40