China's Economy Struggles Gain Momentum: Inflation and Factory Prices Disappoint China’s June economic data reveals persistent weak demand despite government efforts to boost consumption. Consumer inflation rose marginally by 0.2% year-on-year, falling short of expectations, while factory-gate prices continued their 21-month deflation streak, declining by 0.8%. These figures underscore the ongoing challenges in China’s economic recovery, particularly in the property sector and domestic consumption. Despite initiatives to stimulate spending, consumers remain cautious, as evidenced by declining car sales. Economists suggest that more aggressive fiscal and monetary policies may be necessary to drive a meaningful recovery, with some speculating that potential U.S. Federal Reserve rate cuts could provide room for China to implement its own monetary easing measures. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Economic Showdown: Harris and Trump Clash in High-Stakes Philadelphia Debate READ MORE Fed's Kashkari Stresses Need for Significant Inflation Progress Before Rate Cuts READ MORE Junk Bonds Surge Amid Broad Market Rally and Investor Optimism READ MORE "AI-Fueled Equity Bubble" – Big Tech to Ignite Next Equity Market Surge READ MORE Optimistic Shift in U.S. Economic Outlook Despite Ongoing Challenges READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment