China’s official consumer price index fell to minus 0.5 per cent in November from a year earlier, driven by improvements in pork supply. Photo: Reuters China’s official consumer price index fell to minus 0.5 per cent in November from a year earlier, driven by improvements in pork supply. Photo: Reuters
China’s official consumer price index fell to minus 0.5 per cent in November from a year earlier, driven by improvements in pork supply. Photo: Reuters
China inflation

China reports consumer deflation for first time since 2009, raising questions about spending power

  • China’s official consumer price index (CPI) fell to minus 0.5 per cent in November from a year earlier – down from 0.5 per cent growth in October
  • The decline was driven by improvements in pork supply, but the mild deflation has not painted a ‘picture of consumer spending exuberance’, one analyst says

Topic |   China inflation
China’s official consumer price index fell to minus 0.5 per cent in November from a year earlier, driven by improvements in pork supply. Photo: Reuters China’s official consumer price index fell to minus 0.5 per cent in November from a year earlier, driven by improvements in pork supply. Photo: Reuters
China’s official consumer price index fell to minus 0.5 per cent in November from a year earlier, driven by improvements in pork supply. Photo: Reuters
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