A post by @FirstSquawk on X.
Weak Consumer Demand Pushes China’s Inflation Lower Despite Rising Energy Costs - FT
@FirstSquawk on X
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China’s inflation eased despite higher energy costs, as weak consumer demand kept price pressures subdued, according to the FT. The development points to soft household spending that is offsetting energy-driven cost increases. It matters because muted inflation can limit pricing power for companies and complicate the growth outlook. Watch next for consumer demand indicators and energy prices to see whether the disinflationary trend persists.
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China, Financial Times