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China will not experience high inflation or deflation: central bank publication

Published 07/01/2020, 12:15 AM
Updated 07/01/2020, 12:20 AM
© Reuters. FILE PHOTO: Staff member inserts a price tag for vegetable at a Walmart in Beijing

BEIJING (Reuters) - China will not experience high inflation or deflation as its economy is gradually recovering, the central bank said on Wednesday.

China's consumer inflation is expected to ease on a quarterly basis this year, and chances of a rebound is not high, according to an article posted in a People's Bank of China (PBOC) publication.

Year-on-year falls in producer prices are expected to narrow as investment and consumption recovers in the second half of the year, it said.

Latest comments

Which mean chinese collapse is imminent
China’s data has always been whatever the government wants the world to think it is. But the pandemic elevated China’s data to new and unprecedented levels of deep-fake status all around.
I told you guys....China is recovering already. In two quarters, my bet is that China will return to 10% growth again. China will be first to be out of pandemic.
anyone believes??
Some of those communist propaganda agents believe it. Many of them are on this site and other social network.
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