Thursday, November 9, 2023

China suffers deflation as prices for shoppers fall in October

CUE: And while America and Europe battle IN-flation, China is suffering from DE-flation. The prices paid by consumers in October were one-fifth of one per cent lower than a year earlier… that's twice-as-bad as expected. Here's Andrew Wood in Hong Kong to explain why deflation is bad for China's weak economic recovery.

 

IN: "Once prices start to…

OUT: …Andrew Wood, Hong Kong."

DURATION: 0:37

 

DOWNLOAD LINK: http://www.fsnradionews.com/feeds/1109chinadeflation-aw-hk.mp3


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