China’s consumer inflation accelerated to 0.8% in August, while producer prices rose 3.8%, both slightly above July levels. Despite the improvement, subdued domestic demand remains a major concern, with consumer prices below Beijing’s 2% target for years. Strong exports, technology industries and AI-related demand continue supporting economic growth.
China’s consumer inflation accelerated to 0.8% in August, while producer prices rose 3.8%, both slightly above July levels. Despite the improvement, subdued domestic demand remains a major concern, with consumer prices below Beijing’s 2% target for years. Strong exports, technology industries and AI-related demand continue supporting economic growth.
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