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China’s consumer inflation slowed from 0.3% y/y to 0.2% instead of the expected acceleration to 0.4%, bringing investors’ attention back to weak demand. Meanwhile, manufacturing price deflation slowed from -1.4% y/y to -0.8% y/y, staying in negative territory for the past 20 months since October 2022. China is once again spreading deflation around the world, […]

The post Weak Inflation in China Clears the Way for Global Easing appeared first on Action Forex.

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12/06/2024

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