Updated Jan. 12, 2024 6:38 am ET
HONG KONG—China is sinking deeper into its worst deflation in years, spelling bother for the entire world as demand falters in its second-largest economic system.
With many Chinese frightened in regards to the financial outlook and unwilling to spend, shopper costs fell for a 3rd straight month in December, official knowledge confirmed Friday. Prices charged by producers dropped for the fifteenth month in a row.
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Source: wsj.com
