Deflation Looms in China as Rebound Continues to Lose Steam

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Deflation Looms in China as Rebound Continues to Lose Steam
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China’s consumer inflation flatlined in June after two months of meager growth, stirring fears that the economy is on the verge of slipping into deflation

China’s consumer inflation dropped to a 28-month low of 0%, while decline in producer prices widened in JuneStripping out the more volatile food and energy prices, core inflation in China decelerated to 0.4% in June.

HONG KONG—China’s consumer inflation flatlined in June after two months of meager growth, stirring fears among economists and investors that the world’s second-largest economy is on the verge of slipping into deflation.Continue reading your article with

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