China's consumer inflation cools in September, PPI deflation deepens
- Posted on October 13, 2024
- By Business News Today
- 6 Views
China's consumer inflation cools in September, PPI deflation deepens
China's consumer inflation rate dropped to 0.4% in September from 0.6% in August, missing forecasts amid ongoing stimulus efforts. The producer price index fell 2.8% year-on-year, deepening from a 1.8% decline the previous month, indicating persistent deflationary pressures in the economy.
