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@RandAlThor@lemmy.ca to World News@lemmy.ml • 2 years ago

Chinese economy expected to have slipped into deflation as recovery falters

www.theguardian.com

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Chinese economy expected to have slipped into deflation as recovery falters

www.theguardian.com

@RandAlThor@lemmy.ca to World News@lemmy.ml • 2 years ago
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Some forecasters predict consumer price inflation data due to be released will show prices fell by 0.4% year-on-year in July
  • @Parodper@foros.fediverso.gal
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    15•2 years ago

    It’s a bad thing because the economy slows down and companies have less income, which means less pay for the workers.

    • @Kurroth@lemmy.world
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      4•2 years ago

      Yer it wont trickle down!

    • @TrismegistusMx@lemmy.world
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      2•2 years ago

      Companies have been making record profits for years and wages have stagnated, which means less pay for workers.

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