Updated Nov. 8, 2023 9:44 pm ET
China’s consumer prices slipped into deflation for the second time this year, according to official data, signaling weakness in domestic demand despite the government’s stepped-up efforts to boost growth.
The consumer-price index fell 0.2% in October from a year earlier after being flat in September, the National Bureau of Statistics said Thursday. A Wall Street Journal poll of economists had tipped a 0.1% decline.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8