Is the latest stimulus enough to generate inflation? By Investing.com
Investing.com — Recent economic data from China indicates that the country’s inflation remains subdued despite new stimulus measures aimed at boosting demand. As per Citi Research, October’s Consumer Price Index rose 0.3% year-on-year, meeting their forecast but falling below the market expectation of 0.4%. The Producer Price Index contracted by 2.9% year-on-year, a sharper decline than anticipated. Both metrics underline a broader challenge in igniting inflation through the current stimulus
