China dismisses deflation concerns, sees basically stable market supply, demand
newscatcher
2023-04-19 01:31
China dismisses deflation concerns, sees basically stable market supply, demand
09:16 UTC+8, 2023-04-19        Deflation is not seen in China at present and will not be seen in the next stage. The market supply and demand remained basically stable despite slower price growth.   09:16 UTC+8, 2023-04-19        Deflation is not seen in China at present and will not be seen in the next stage, an official said on Tuesday, noting that market supply and demand remained basically stable despite slower price growth. Deflation refers to a continuous fall in the general price level, often accompanied by reduced money supply and economic recession, said al Bureau of Statistics spokesperson Fu Linghui at a press conference.

https://www.shine.cn/biz/economy/2304194717/

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