Tuesday , June 15 2021
Home / South China Morning Post / China inflation worries hang over store owners already struggling with weak consumer demand

China inflation worries hang over store owners already struggling with weak consumer demand

Summary:
[unable to retrieve full-text content]Faced with global commodity prices that show no signs of retreating, store owners at Beijing’s Sanyuanli market are facing the possibility that inflation may add pressure onto China’s already weak consumer demand.With the coronavirus having weakened local demand since last year, the prices of some products such as seafood and meat have risen recently, partly due to seasonal factors, and owners are unable — or in some cases unwilling – to pass on the increased costs to customers.“Usually around…

Topics:
Amanda Lee considers the following as important:

This could be interesting, too:

Tyler Durden writes Stanford Study: Most Mass Shooters Have Undiagnosed Psychiatric Illnesses

Tyler Durden writes Texas Electricity Prices Explode With Power Grid On Verge Of Another Meltdown

Tyler Durden writes Greenwald: The Enduring False Narrative About The PULSE Massacre Shows The Power Of Media Propaganda

Tyler Durden writes Goldman: Imagine You Were Stuck On A Deserted Island For The Past Couple Of Years

[unable to retrieve full-text content]
Faced with global commodity prices that show no signs of retreating, store owners at Beijing’s Sanyuanli market are facing the possibility that inflation may add pressure onto China’s already weak consumer demand.With the coronavirus having weakened local demand since last year, the prices of some products such as seafood and meat have risen recently, partly due to seasonal factors, and owners are unable — or in some cases unwilling – to pass on the increased costs to customers.“Usually around…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.