Inflation & Prices

China’s Consumer Deflation Extends as Tariffs Take Toll

Factory deflation persisted for a 31st month, with the producer price index recording a decline of 2.7% compared to 2.5% in March.

Source: AFP/Getty Images

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China’s consumer deflation extended for a third month in April as punitive tariffs imposed by the US add to a drag on prices from weak domestic demand.