China's Consumer Prices Rise in October Amid Easing Deflation

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Source: Bloomberg.com
China's Consumer Prices Rise in October Amid Easing Deflation
Photo: Bloomberg.com
TL;DR Summary

China's consumer prices unexpectedly rose by 0.2% in October due to holiday-driven demand, but economists believe this increase is temporary amid ongoing deflationary pressures and weak economic growth, with broader price declines persisting for over two years.

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