According to data from the National Statistics Department (NBS), the consumer price index (CPI) in August was 0.8%, which is higher than July’s 0.5%. The indicator matched the forecast from the Bloomberg economists’ survey.
Read more STT has initiated a pre-trial investigation regarding «Vilnius City Housing»
Since the end of the COVID-19 pandemic, Beijing has been struggling with weak domestic demand. The CPI has remained below the current 2% target for more than three years, and during that period, deflation has been recorded several times. This poses challenges for the country’s leadership, which aims to accelerate the pace of economic growth, even as exports and various high-tech sectors show excellent results.
