China Consumer Prices Slump For Second Straight Month: Data

Source: International Business Times

Beijing is seeking to boost domestic consumption, which has yet to recover to pre-pandemic levels AFP Consumer prices in China fell in March for the second straight month, official data showed Thursday, as the world's second-largest economy struggles to boost spending and a trade war with the United States deepens. The drop comes as Beijing seeks to boost domestic consumption, which has yet to recover to pre-pandemic levels. The consumer price index (CPI) -- a key measure of inflation -- was down 0.