The Chinese CPI is going nowhere but down.
In October 2024 , the national consumer price index rose by 0.3% year-on – year . Among them, the urban price rose by 0.2% and the rural price rose by 0.3% ; food prices rose by 2.9% and non-food prices fell by 0.3% ; consumer goods prices rose by 0.2% and service prices rose by 0.4% . On average from January to October , the national consumer price index rose by 0.3% year-on-year .
Find for me the bright spot. That’s right. There isn’t one.
