China’s Deflation Deepens: September CPI Falls 0.3% Amid Demand Slump
China’s consumer prices fell more than expected in September, declining 0.3% year-on-year. The persistent deflation underscores deepening challenges in domestic demand and economic sentiment.
China’s economy continues to grapple with deflationary pressures as recent data reveals a sharper-than-expected decline in consumer prices. The September figures mark a concerning trend for the world’s second-largest economy, with both consumers and producers facing persistent price drops amid sluggish domestic demand.