Factory prices in China are just a hair’s breadth away from deflationary territory. Photo: Reuters
China’s producer price index holds steady in February as deflation stalks economy
- February producer prices rise 0.1 per cent from a year earlier, same as January
- February consumer prices slow to 1.5 per cent from a year earlier, down from 1.7 per cent in January, as food prices slow sharply
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China economy
Factory prices in China are just a hair’s breadth away from deflationary territory. Photo: Reuters