China Faces Deflation as Consumer Prices Drop Sharply

China does not realize the dangers of deflation

TOKYO -- I confess that when starting out as an economic journalist in the 1990s, I did not understand why deflation was bad. Japan's bubble economy h

Consumer prices fell in China in February

BEIJING — Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the Lunar New Year holiday. The National Bureau of Statistics said Sunday that the consumer price index dropped 0.7% in February compared with a year ago. On a

Deflation rises as Chinese consumers turn to discount stores

One shop holds flash sales four times a day for citizens grappling with uncertainty about jobs and incomes

China consumer prices post first drop in 13 months

China's consumer prices in February fell for the first time in 13 months. The drop adds to concern about deflation as declines were seen for a broad variety of products.

China's Deflationary Spiral Deepens as Economic Troubles Mount

According to data released by China’s National Bureau of Statistics, China’s Consumer Price Index fell 0.7% in February compared to last year, exceeding market expectations of a 0.5% decline. The Producer Price Index dropped even more sharply, sliding 2.2% year-on-year and worsening the country’s deflationary trend. Food prices tumbled 3.3% from February 2024 levels, while […]

Consumer prices in China have fallen to their lowest level in more than a year, highlighting persistent deflationary pressures in the world's second-largest economy.