China's Consumer Prices Fall Sharply Amid Persistent Deflation

1 min read
Source: CNBC
China's Consumer Prices Fall Sharply Amid Persistent Deflation
Photo: CNBC
TL;DR

China's consumer prices fell more than expected in August, with ongoing deflation in wholesale prices, prompting calls for increased fiscal measures to boost demand and counteract weakening exports, amid signs of a sluggish economic recovery.

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