China's consumer prices fall 0.8% YoY, factory deflation persists
China consumer prices fall: China's consumer prices extended their decline for a fourth month in January while producer prices also dropped, underscoring deflationary risks facing the world's second-biggest economy as it struggles to mount a solid recovery.
![China's consumer prices fall 0.8% YoY, factory deflation persists](https://cdn.zeebiz.com/sites/default/files/2024/02/08/279722-untitled-design-2024-02-08t074950036.jpg?im=FitAndFill=(1200,900))
China consumer prices fall: China's consumer prices extended their decline for a fourth month in January while producer prices also dropped. Image: Reuters/ Representational image