China’s Consumer Deflation Persists as Trade War Poses New Risks
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China’s consumer deflation extended for a second month in March, as an escalating trade war with the US threatens to put more downward pressure on prices.
The consumer-price index declined 0.1% from a year earlier, the National Bureau of Statistics said Thursday, compared with a 0.7% drop in the previous month. The median forecast of economists surveyed by Bloomberg was zero.