BEIJING — China's consumer inflation unexpectedly eased in September, while producer price deflation deepened, heightening pressure on Beijing to roll out more stimulus measures quickly to revive flagging demand and shaky economic activity.
BEIJING — China 's consumer inflation unexpectedly eased in Sept ember, while producer price deflation deepened, heightening pressure on Beijing to roll out more stimulus measures quickly to revive flagging demand and shaky economic activity.
The central bank in late September announced the most aggressive monetary support measures since the pandemic, including numerous steps to help pull the property sector out of a severe, multi-year slump, including mortgage rate cuts.Analysts and investors are now hoping that a meeting of China's parliament expected in the coming weeks will unveil more specific proposals.'The size of the fiscal stimulus matters.
Deflation Pressures Up In Sept
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