China Deflation Rate 2024. The persistent negative growth rate of m1 (money in circulation and demand deposits) relative to m2 (which includes m1 as well as savings and other deposits) since. Yet in the people’s republic, consumption was responsible for just 53% of economic output in 2022 while investment took a 43% share.
China’s consumer inflation turned positive for the first time in six months, largely supported by the lunar new year holiday, when a spending boom pushed up prices. Following a slew of data released over the weekend from china that painted a fairly bleak outlook for its economy, economists have tapered their expectations for the.