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China’s consumer Inflation rate dropped in September, while producer price deflation intensified, despite increased stimulus measures by Beijing to boost demand and economic activity. The consumer price index (CPI) increased by 0.4% year-on-year last month, down from a 0.6% rise in August, as reported by the National Bureau of Statistics (NBS) on Sunday. This was below the 0.6% forecasted by economists. CPI remained unchanged month-on-month, compared to a 0.4% gain in August. On the other hand, the producer price index (PPI) decreased by 2.8% year-on-year in September, a deeper decline than the 1.8% drop in the previous month and below the expected 2.5% decrease.
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Emma Collins, graduated in Financial Economics from the University of Chicago in the USA in 2016. She has since worked at an asset management firm in New York, where she specializes in investment strategies and portfolio management. Emma has a keen interest in financial analysis and has published several articles in renowned financial journals. Her work focuses on providing actionable insights to investors, and she is known for her forward-thinking approach to managing financial portfolios.
