China’s economy enters deflation with July’s consumer prices drop, the first in over two years.
China’s economy has slipped into deflation as consumer prices declined in July for the first time in more than two years. The official consumer price index, a measure of inflation, fell by 0.3% last month from a year earlier. Analysts said this increases pressure on the government to revive demand in the world’s second largest economy. China’s gross domestic […]
