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As China’s consumer inflation rate hits 11-year low, economists warn of possible deflation in coming months

Summary:
[unable to retrieve full-text content]The larger-than-expected deceleration in the Chinese consumer inflation rate to an 11-year low in October has prompted some economists to warn of a possible risk of deflation in the world’s second-largest economy.Other economists, however, say the risk is remote because most of the downward price pressure is being caused by a continued drop in pork prices as the nation’s pig population is replenished following the devastation caused by African swine fever, which was first detected in China in…

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[unable to retrieve full-text content]
The larger-than-expected deceleration in the Chinese consumer inflation rate to an 11-year low in October has prompted some economists to warn of a possible risk of deflation in the world’s second-largest economy.Other economists, however, say the risk is remote because most of the downward price pressure is being caused by a continued drop in pork prices as the nation’s pig population is replenished following the devastation caused by African swine fever, which was first detected in China in…

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