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Podcast: The Afternoon Update with Lynlee Foo
Episode: Money in the Market: Are China's easing deflationary pressures a sign of good things to come?
Description: Key data released this past weekend showed an easing of China’s deflationary pressures for the month of August. The consumer price index was 0.1% higher year on year in August, lower than a Reuters poll of analysts who predicted a 0.2% increase. Most importantly, though, the index emerged out of the negative territory of -0.3% recorded in July. The producer price index, on the other hand, fell 3% from a year earlier, against a 4.4% drop in July. The drop in factory prices was the smallest in five months. Analysts maintain that China will ne...