Source: China – South China Morning PostChina’s consumer prices fell again in September as demand remained weak in the world’s second-largest economy, while a slight narrowing of the fall in factory-gate prices gave a hint that Beijing’s efforts to curb involution – cutthroat intra-industry competition that pushes prices lower – could be making ground.
The national consumer price index (CPI), a key gauge of inflation, fell 0.3 per cent year on year last month, according to data released by the National Bureau of Statistics on…Read More