BEIJING, Oct 13 — China’s consumer inflation unexpectedly eased in September, while producer price deflation deepened, heightening pressure on Beijing to roll out more stimulus...
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Dania Sofea Zaidi-Low Zi Yu pull off stunning surprise by beating China top-seeded pair to reach World Junior Championship final Finance Minister Lan Foan told a news conference yesterday there will be more “counter-cyclical measures” this year, but officials did not provide details on the size of fiscal stimulus being prepared, which investors hope will ease deflationary pressures in the world’s second-largest economy.
Chinese authorities have stepped up stimulus efforts in recent weeks to spur demand and help meet an around 5.0 per cent economic growth target for this year, though some analysts say the moves may only offer temporary relief for the economy and stronger measures are needed soon. However, many China watchers say Beijing also needs to firmly address more deeply-rooted structural issues such as overcapacity and sluggish consumption.
Food prices perked up 3.3 per cent on-year in September compared with a 2.8 per cent rise in August, while non-food prices was down 0.2 per cent, reversing 0.2 per cent uptick in August.
Inflation Deflation Stimulus Producer Price
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