China’s Inflation Falls Short of Expectations as Factory Prices Decline

In September, China’s consumer prices showed a lukewarm increase of 0.4% compared to the previous year, falling short of the anticipated 0.6% as per a Bloomberg survey. This underwhelming rise starkly contrasts with the persistent declines in production costs, as factory-gate charges decreased for the 24th consecutive month, registering a fall of 2.8%. Notably, this...