{"id":123300,"date":"2025-10-15T09:13:08","date_gmt":"2025-10-15T09:13:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/123300\/"},"modified":"2025-10-15T09:13:08","modified_gmt":"2025-10-15T09:13:08","slug":"chinas-deflation-fight-drags-on-amplifying-calls-for-monetary-easing","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/123300\/","title":{"rendered":"China\u2019s deflation fight drags on, amplifying calls for monetary easing"},"content":{"rendered":"<p>China\u2019s consumer prices fell again in September as demand remained weak, while a slight narrowing of the fall in factory-gate prices gave a hint that Beijing\u2019s efforts to curb involution \u2013 the <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3327253\/china-curbs-strategic-non-ferrous-metals-sector-fight-against-cutthroat-competition?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">cutthroat intra-industry competition<\/a> pushing down prices in several sectors \u2013 could be making ground, even as economists said further monetary easing remained an option.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The national consumer price index (CPI), a key gauge of inflation, fell 0.3 per cent year on year last month, according to data released by the National Bureau of Statistics on Wednesday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The fall was bigger than the market had expected, with a poll by financial provider Wind having forecast a 0.15 per cent drop. In August, the CPI fell 0.4 per cent year on year.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">China is grappling with persistent deflationary pressures, driven by the dual challenges of sluggish domestic demand and oversupply, with trade uncertainty hindering suppliers\u2019 efforts to clear excess inventory.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cThe year-on-year decline was primarily due to a tail effect,\u201d said Dong Lijuan, a senior statistician at the bureau, referring to a higher base last year.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Lower food and energy prices were the main factors contributing to the decline, she added.<\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s consumer prices fell again in September as demand remained weak, while a slight narrowing of the fall&hellip;\n","protected":false},"author":2,"featured_media":123301,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[1793,79,381,5813,5122,14625,27165,25663,75035,179,18,75036,10454,19,185,36842,17,9408,57329,5121,25701],"class_list":{"0":"post-123300","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-beijing","9":"tag-business","10":"tag-china","11":"tag-consumer-price-index","12":"tag-cpi","13":"tag-deflation","14":"tag-deflationary-pressures","15":"tag-domestic-demand","16":"tag-dong-lijuan","17":"tag-economy","18":"tag-eire","19":"tag-factory-gate-prices","20":"tag-food-prices","21":"tag-ie","22":"tag-inflation","23":"tag-involution","24":"tag-ireland","25":"tag-national-bureau-of-statistics","26":"tag-ppi","27":"tag-producer-price-index","28":"tag-september"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/123300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=123300"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/123300\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/123301"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=123300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=123300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=123300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}