All articles tagged with #consumer inflation
China's deflation risks increased in June due to weak demand, with consumer inflation remaining flat and factory-gate prices declining further. The data suggests a potential weaker performance in second-quarter economic data.
Japan's wholesale inflation slowed for a fifth consecutive month in May due to sliding fuel and commodity prices, indicating that cost-push pressure that has driven up consumer inflation may be subsiding. The Bank of Japan (BOJ) is expected to maintain ultra-loose policy this week and stick with its forecast for a moderate economic recovery. However, prices of beverage and food goods rose 7.9% in May from a year earlier, and those of electric equipment were up 5.5%, indicating that cost pressures for sectors close to households such as retailers and restaurants were showing little signs of abating.
China's consumer prices rose at the slowest pace in more than two years in April, while factory gate deflation deepened, data showed on Thursday, suggesting more stimulus may be needed to boost a patchy post-COVID economic recovery. The weak consumer price rise reinforces the signals from this week's trade data suggesting domestic demand remains lacklustre, while the deflationary impulse in producer prices underlines the strains on factories - a double-whammy for the world's second-biggest economy as it tries to shake off the COVID-induced damage.