Retreating Food Costs Ease China’s Consumer Inflation, Factory Prices Slip
Apr 23, 2020
2 minutes
Copyedited by Madhusudan Chaubey
A decline in food costs in China eased consumer inflation in March, while factory prices saw a deeper fall as the novel coronavirus disease (COVID-19) epidemic suppressed demand, official data showed on April 10.
China’s consumer price index (CPI), the main gauge of inflation, grew 4.3 percent year on year last
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