Beijing hit its GDP growth target of 5 percent in 2024, according to its statistics bureau—but deflationary pressures remain.
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
That was in line with forecasts in a Reuters poll of economists. The line chart shows China's consumer price index and producer price index. However, core inflation, which excludes volatile food ...
China's economy grew 5% in 2024, meeting its growth target of around 5%.
The AUD/USD pair weakens to near 0.6300, snapping the three-day winning streak during the early Asian session on Monday. China’s fresh stimulus measures to promote its development of index investment ...
Consumer price index delivers ‘a pleasant surprise’ and suggests ‘gentle easing of persistent inflationary pressures’, ...