Logo 10 Nov 2023

Dancing with deflation

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China continues its knife-edge dance with deflation.
On Wednesday, the stats bureau (NBS) published inflation data for October.
The headlines:

The consumer price index (CPI) fell 0.2% y/y, compared to a flat print in September.
The producer price index (PPI) fell 2.6% y/y, down from a 2.1% fall in ...