Falling prices across a range of sectors — from pork to apartments — are weighing on China’s economic recovery. Producer prices fell the most in nearly two years in June, while consumer goods costs ...
Deflation is often misunderstood as a positive economic phenomenon due to the immediate benefit of lower prices for consumers. However, it represents a prolonged decline in the general price level of ...
Deflation is an economic phenomenon characterized by a general decline in prices for goods and services. Unlike inflation, ...
BEIJING (AP) — When he bought an apartment near a good high school in northeast Beijing in 2020, Zhou Fujin expected that renting it out would cover most of his mortgage. But the apartment's value and ...
While deflation may seem like a good thing, it can signal an impending recession and hard economic times. When people feel prices are headed down, they delay purchases in the hopes that they can buy ...
China is likely to stick to its current annual economic growth target of around 5% next year, government advisers and ...
Chinese Premier Li Qiang has called for tighter pricing regulation in the electric car sector during a high-level meeting Wednesday, as Beijing sought to rein in the cut-throat price wars that are ...
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(Reuters) - There is little chance of a significant rebound in the euro zone economy in the next two years as low inflation and high unemployment keeps the currency bloc lagging behind its peers, a ...