China CPI: Inflation rises 0.2% after months of stagnation in October; property and spending pressures persist

China's consumer prices saw a mild 0.2% year-on-year increase in October, breaking a period of stagnation and decline. This slight improvement occurs as the nation grapples with a property debt crisis, weak consumer spending, and high youth unemployment, while factory-gate prices continue to fall.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/RlpTjA7

Comments

Post a Comment

Popular posts from this blog

Global giants bank on Indian-origin CFOs

Image
Indian-origin finance chiefs are increasingly leading global giants like Unilever, Tesla, and Mastercard. A study reveals over a dozen multinational corporations have appointed Indian descent CFOs, many educated in India. This trend highlights the evolving role of CFOs as strategists, adept at navigating complex markets and demonstrating resilience, a skill honed by the Indian education system and professional experiences. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/r9zfLbi
Read more