Capsule · The news app for modern leaders

Trends and Insights

Download
illustration image for the article
13 Dec 2023

China Faces Rising Deflation, Consumer Prices Drop

China's consumer price index fell by 0.5% in November 2023, representing the largest decrease since November 2020 and surpassing economists' projections of a 0.2% fall. The decline highlights significant economic recovery challenges as both consumer and producer prices experience a downturn. [Source](https://fortune.com/2023/12/09/china-deflation-consumer-prices-drop-economy/)