Chinese prices have falllen the most since 2009 as inflation slowed down.
The latest reading of CPI shows inflation has eased in the month of September, registering a rise of just 1.9 per cent.
That was in line with forecasts and down from a monthly read of 2 per cent in August.
The central bank has held off on interest rate cuts since July, focusing on money-market operations as the government seeks to sustain growth without inflating property bubbles.
The report could give the People's Bank of China room to move to shore up growth, should it choose to.
But analysts warn that the central bank will remain cautious about using blunt policy tools including interest rates cuts in order manage the economy.
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