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China's inflation reaches nine-month low; IMF forecasts 4.5% growth for 2025

share-iconThursday, January 09 comment-icon3 weeks ago 12 views
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indiatimesINDIATIMES
China's inflation reaches nine-month low; IMF forecasts 4.5% growth for 2025

Credited from: INDIATIMES

  • China narrowly avoided deflation in December, with inflation at 0.1%, the slowest in nine months.
  • The National Bureau of Statistics (NBS) noted a decrease from 0.2% in November.
  • Inflation remains muted despite efforts like interest rate cuts to boost consumer activity.
  • The IMF forecasts China's growth to slow to 4.5% in 2025, slightly lower than its previous estimate.
  • Economic challenges persist, including weak consumer spending and property market issues.

For the full article, visit Times of India.

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Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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