China inflation hits nine-month low in December
Beijing (AFP) Jan 9, 2025
China narrowly avoided slipping into deflation in December with prices rising at their slowest pace in nine months, official figures showed Thursday, as Beijing struggles to kickstart consumer activity in the world's number two economy. The tepid reading comes after the government unveiled a range of measures at the end of last year aimed at boosting consumption as well as providing support
China narrowly avoided slipping into deflation in December with prices rising at their slowest pace in nine months, official figures showed Thursday, as Beijing struggles to kickstart consumer activity in the world's number two economy. The tepid reading comes after the government unveiled a range of measures at the end of last year aimed at boosting consumption as well as providing support