December’s 0.9 per cent rise in producer prices was well below the expected 1.6 per cent rise. Photo: Xinhua
December’s 0.9 per cent rise in producer prices was well below the expected 1.6 per cent rise. Photo: Xinhua

Trade war: Chinese factory prices ease sharply in December raising threat of deflation

  • Factory price index falls for sixth month in a row to lowest level in 2½ years and well below expected level
  • Deceleration reflects weakening demand as the trade war with the United States has forced many to cut prices to sell their goods

December’s 0.9 per cent rise in producer prices was well below the expected 1.6 per cent rise. Photo: Xinhua
December’s 0.9 per cent rise in producer prices was well below the expected 1.6 per cent rise. Photo: Xinhua
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