China's Consumer Prices Fall Sharply Amid Persistent Deflation

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Source: CNBC
China's Consumer Prices Fall Sharply Amid Persistent Deflation
Photo: CNBC
TL;DR Summary

China's consumer prices fell more than expected in August, with ongoing deflation in wholesale prices, prompting calls for increased fiscal measures to boost demand and counteract weakening exports, amid signs of a sluggish economic recovery.

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