You are here

China inflation hovers near 5-year low

October figure of 1.6% reinforces expectations that authorities will roll out more steps to support growth

BT_20141111_CHNDATA11_1360480.jpg
Facing mounting risks to growth and rising risks of deflation, Beijing is expected to continue unveiling stimulus measures in coming months.

Beijing

CHINA'S annual consumer inflation remained near a five-year low in October at 1.6 per cent, further evidence that the world's second-largest economy is cooling and reinforcing expectations that authorities will roll out more measures to support growth.

Analysts polled by

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom