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9 Jan 2025

International Economy

China’s inflation rose by 0.2% in 2024; deflation risks remain in 2025 (Business Brief No.4114)

คะแนนเฉลี่ย
  • China’s inflation in 2024 was primarily driven by the service sector, indicating that the stimulus measures gradually introduced by the Chinese government throughout the year were insufficient to revive consumer spending.
  • In 2025, the Chinese economy is still at risk of deflation. Consumer confidence is likely to remain low, while uncertainties stemming from a potential escalation of the trade war will exacerbate China’s overcapacity problem.

International Economy