BEIJING (Reuters) - China's consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed on Saturday, ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBEIJING - China's consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed on Saturday, as deflationary pressures eased amid signs of stabilisation in the economy.
The consumer price index rose 0.1% in August from a year earlier, the National Bureau of Statistics said, slower than the median estimate for a 0.2% increase in a Reuters poll. CPI fell 0.3% year-on-year in July. The producer price index fell 3.0% from a year earlier - in line with expectations - after a drop of 4.4% in July.
The government has rolled out a raft of policy measures in recent weeks to spur economic growth and fend off deflation pressures.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China's Tencent says large language AI model 'Hunyuan' available for enterprise useBEIJING (Reuters) - China's Tencent Holdings said its large language artificial intelligence (AI) model
Read more »
China, Australia hold first high-level dialogue in three years in BeijingBy Joe Cash BEIJING (Reuters) - China and Australia should
Read more »
China, Australia hold first high-level dialogue in three years in BeijingBy Joe Cash BEIJING (Reuters) - China and Australia should
Read more »
China's Aug new yuan loans seen rebounding on policy supportBEIJING (Reuters) - China's new yuan loans are expected to rebound in August after tumbling in July to the lowest since late 2009, a Reuters poll ...
Read more »
China car sales rise 2.2% y/y in AugBEIJING/SHANGHAI (Reuters) - China's passenger vehicle sales jumped 2.2% in August from a year earlier, data from the China Passenger Car Association ...
Read more »
Canadian dollar outlook seen less rosy as China's economy weakens: Reuters pollAnalysts have cut their bullish near-term forecasts for the Canadian dollar as China's economy weakens and the gap between U.S. and Canadian bond yields grows, but still expect the currency to be stronger in a year, a Reuters poll showed. The median forecast of nearly 40 foreign exchange analysts was for the loonie to strengthen 1.9% to 1.34 per U.S. dollar, or 74.63 U.S. cents, in three months, compared to 1.32 in last month's forecast. 'The loonie has lost a few feathers in recent weeks,' said Stefane Marion, chief economist and strategist at National Bank of Canada.
Read more »