China is slipping further into deflation. Consumer prices in November recorded an annual contraction of 0.5% (from -0.2% in October) compared to estimates the day before of -0.1%, the largest since November 2020 due to the slowdown in food products (-4.2% from -4% in the previous month) and the further decline in pork prices. Producer … Read more
Japanese Prime Minister Fumio Kishida announced a plan to support the economy worth 17,000 billion yen, the equivalent of just over 106 billion euros, as part of the policies to support the purchasing power of the middle classes. lows, which continue to be worn out by rising inflation. Under the current plan, the government will … Read more
After nine consecutive months of decline, Portuguese inflation picked up again in August, settling at 3.7%, an increase of 0.6%. What worries the Portuguese are above all energy costs, which are still falling, but to a lesser extent than in previous months, and the price of food, which grows on average by 6.5% compared to … Read more